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Old 08-11-2005, 05:09 PM
laserboy laserboy is offline
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Join Date: Jun 2004
Posts: 22
Default Re: Real Estate/Mortgage Loan/Stock Market

REMINDER: When you buy a mortgage backed security in the United States today, there is some idiot American on the other end "pulling equity" out of his house to buy a new SUV or plasma TV. Or worse plowing it back into the real estate market.

If you buy MBSs in the US today, you are playing with fire.
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