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American Home Mortgage

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July 31, 2007 – Comments (2)

So much for head-in-the-sand economics, eh?

Things are going to get worse. Alt-A is garbage, just as subprime was. Bad things coming, folks.

2 Comments – Post Your Own

#1) On July 31, 2007 at 6:15 PM, DemonDoug (31.65) wrote:

If it wasn't for fraudulent loans, far overextended credit, and corrupt lending practices, there is no way I'd be brushing up the top 10 in CAPS.  I think I've earned my bankruptcy gavel about 10 times over by now lol.

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#2) On July 31, 2007 at 6:46 PM, SpecBear (38.02) wrote:

If it weren't for crooks like these, I wouldn't have my Top Fool ribbon.

Eventually people will figure that there's no "superprime", and therefore everything that's not prime is subprime.  And everything subprime is toast. 

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