Home › Forums › Housing › “A downward spiral thats tough 2 stop; it feeds on itself. 4closures encourage new 4closures & falling prices discourage buying”
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February 6, 2009 at 2:49 PM #14995February 6, 2009 at 3:10 PM #342200crParticipant
A computer driven algorithm program that “works by structuring a new mortgage that more accurately reflects a home’s worth so that a troubled borrower no longer owes more on their home than the property is worth” using “proprietary technology developed by a Ponte Vedra Beach, Fla.-based real-estate appraisal firm” and “can rewrite up to 500,000 loans a month.”
Yes, because computer probability modeling on home values, historical default rates, and risk minimization employed by RE experts in Florida worked so well for writing these mortgages in the first place.
February 6, 2009 at 3:10 PM #342521crParticipantA computer driven algorithm program that “works by structuring a new mortgage that more accurately reflects a home’s worth so that a troubled borrower no longer owes more on their home than the property is worth” using “proprietary technology developed by a Ponte Vedra Beach, Fla.-based real-estate appraisal firm” and “can rewrite up to 500,000 loans a month.”
Yes, because computer probability modeling on home values, historical default rates, and risk minimization employed by RE experts in Florida worked so well for writing these mortgages in the first place.
February 6, 2009 at 3:10 PM #342628crParticipantA computer driven algorithm program that “works by structuring a new mortgage that more accurately reflects a home’s worth so that a troubled borrower no longer owes more on their home than the property is worth” using “proprietary technology developed by a Ponte Vedra Beach, Fla.-based real-estate appraisal firm” and “can rewrite up to 500,000 loans a month.”
Yes, because computer probability modeling on home values, historical default rates, and risk minimization employed by RE experts in Florida worked so well for writing these mortgages in the first place.
February 6, 2009 at 3:10 PM #342655crParticipantA computer driven algorithm program that “works by structuring a new mortgage that more accurately reflects a home’s worth so that a troubled borrower no longer owes more on their home than the property is worth” using “proprietary technology developed by a Ponte Vedra Beach, Fla.-based real-estate appraisal firm” and “can rewrite up to 500,000 loans a month.”
Yes, because computer probability modeling on home values, historical default rates, and risk minimization employed by RE experts in Florida worked so well for writing these mortgages in the first place.
February 6, 2009 at 3:10 PM #342751crParticipantA computer driven algorithm program that “works by structuring a new mortgage that more accurately reflects a home’s worth so that a troubled borrower no longer owes more on their home than the property is worth” using “proprietary technology developed by a Ponte Vedra Beach, Fla.-based real-estate appraisal firm” and “can rewrite up to 500,000 loans a month.”
Yes, because computer probability modeling on home values, historical default rates, and risk minimization employed by RE experts in Florida worked so well for writing these mortgages in the first place.
February 6, 2009 at 3:41 PM #342220XBoxBoyParticipantYikes, if this is even half true it’s scary as hell. This story reads more like an article from The Onion than anything else.
XBoxBoy
February 6, 2009 at 3:41 PM #342541XBoxBoyParticipantYikes, if this is even half true it’s scary as hell. This story reads more like an article from The Onion than anything else.
XBoxBoy
February 6, 2009 at 3:41 PM #342648XBoxBoyParticipantYikes, if this is even half true it’s scary as hell. This story reads more like an article from The Onion than anything else.
XBoxBoy
February 6, 2009 at 3:41 PM #342675XBoxBoyParticipantYikes, if this is even half true it’s scary as hell. This story reads more like an article from The Onion than anything else.
XBoxBoy
February 6, 2009 at 3:41 PM #342771XBoxBoyParticipantYikes, if this is even half true it’s scary as hell. This story reads more like an article from The Onion than anything else.
XBoxBoy
February 6, 2009 at 7:44 PM #342290jonnycsdParticipantLOL, yes, the Post and the Onion often seem interchangeable.
February 6, 2009 at 7:44 PM #342612jonnycsdParticipantLOL, yes, the Post and the Onion often seem interchangeable.
February 6, 2009 at 7:44 PM #342718jonnycsdParticipantLOL, yes, the Post and the Onion often seem interchangeable.
February 6, 2009 at 7:44 PM #342745jonnycsdParticipantLOL, yes, the Post and the Onion often seem interchangeable.
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