Comments on: The coming mortgage crisis http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/ It may be cheap, but is it a Goode value? Wed, 03 Mar 2010 20:08:02 -0500 http://wordpress.org/?v=2.8 hourly 1 By: Goode Value Investing Blog » The Coming Mortgage Crisis Part III: Low Interest Rates Do Not Make Housing More Affordable http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/comment-page-1/#comment-464 Goode Value Investing Blog » The Coming Mortgage Crisis Part III: Low Interest Rates Do Not Make Housing More Affordable Thu, 08 May 2008 18:49:26 +0000 http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/#comment-464 [...] The Coming Mortgage Crisis: Part 1 The Coming Mortgage Crisis: Part 2 [...] [...] The Coming Mortgage Crisis: Part 1 The Coming Mortgage Crisis: Part 2 [...]

]]> By: Goode Value Investing Blog » The Coming Mortgage Crisis: Part II http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/comment-page-1/#comment-449 Goode Value Investing Blog » The Coming Mortgage Crisis: Part II Wed, 30 Apr 2008 16:47:04 +0000 http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/#comment-449 [...] are different this time. That is what I argued in my previous post on the coming mortgage crisis. Exploding option ARMs will lead to record foreclosures, which will cause house prices to further [...] [...] are different this time. That is what I argued in my previous post on the coming mortgage crisis. Exploding option ARMs will lead to record foreclosures, which will cause house prices to further [...]

]]> By: MortgageNewsClips: CA - 1 in 3, FHA Remorse, Short Sale Disclosures, GSE Oversight, Underwriting Risk, CA 2/3 of Defaults, Bill Miller Commentary, Tim Iacono on Speculative Culture, Moody’s Says, Unlike Others, Ira Artman Section http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/comment-page-1/#comment-442 MortgageNewsClips: CA - 1 in 3, FHA Remorse, Short Sale Disclosures, GSE Oversight, Underwriting Risk, CA 2/3 of Defaults, Bill Miller Commentary, Tim Iacono on Speculative Culture, Moody’s Says, Unlike Others, Ira Artman Section Thu, 24 Apr 2008 22:35:24 +0000 http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/#comment-442 [...] The coming mortgage crisis - … The problem with the housing market bulls is that they are thinking within the framework of past housing downturns. The current downturn is unlike any other since the Great Depression. No other downturn has started with houses so overpriced relative to rents.  … Goode Value Investing Blog [...] [...] The coming mortgage crisis – … The problem with the housing market bulls is that they are thinking within the framework of past housing downturns. The current downturn is unlike any other since the Great Depression. No other downturn has started with houses so overpriced relative to rents.  … Goode Value Investing Blog [...]

]]> By: michael http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/comment-page-1/#comment-433 michael Tue, 22 Apr 2008 21:03:11 +0000 http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/#comment-433 Link to above-mentioned Reuters article: http://www.reuters.com/article/ousiv/idUSN2229728520080422?sp=true Link to above-mentioned Reuters article:
http://www.reuters.com/article/ousiv/idUSN2229728520080422?sp=true

]]> By: michael http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/comment-page-1/#comment-432 michael Tue, 22 Apr 2008 21:02:40 +0000 http://www.goodevalue.com/2008/04/22/the-coming-mortgage-crisis/#comment-432 From Reuters. “The inventory of homes for sale swelled by 40,000 to 4.06 million homes, or a 9.9 months’ supply at the current sales pace from 9.6 months in February.” “<b>Of the homes for sale, 18 percent have negative equity</b> and so are either in foreclosure proceedings or headed for a ’short sale’ that will see the lender write off some of the original loan amount. ‘This has been a frustration of our members,’ said Yun. ‘Lenders have been dragging their feet (in approving short sales).’” From Reuters. “The inventory of homes for sale swelled by 40,000 to 4.06 million homes, or a 9.9 months’ supply at the current sales pace from 9.6 months in February.”

“Of the homes for sale, 18 percent have negative equity and so are either in foreclosure proceedings or headed for a ’short sale’ that will see the lender write off some of the original loan amount. ‘This has been a frustration of our members,’ said Yun. ‘Lenders have been dragging their feet (in approving short sales).’”

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