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Reply #51: Haha...I have some homework for you... [View All]

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WriteDown Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jan-25-09 09:13 PM
Response to Reply #50
51. Haha...I have some homework for you...
Edited on Sun Jan-25-09 09:14 PM by WriteDown
Tell me where those pricing models originated. In fact, tell me what product exactly caused the meltdown. Was it jumbo, alternet, alt-a, etc.? For extra credit, tell me where the no-doc loan originated.

You seem to also be very conflating mortgage originations and mortgage servicing which are two very different things and often different entities.

Luckily, I am out of the mortgage industry now and working on buying another business.

edited for spelling.
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