TA Webster

Full Bio

Hometown:	Central, FL
Interests:	America's Future Now, New Energy, The Big Con, An Economy for All, Invest In America
Honors:	4

TA 's Voice

Commented good article - good point of view from "outside" the US in a discussion on Socialism (Blog entry) | November 8, 2008 - 1:09am
Commented buying homes for pennies on the dollar in a discussion on They were peeing in their own pool... of mortgage backed securities! (Blog entry) | November 7, 2008 - 11:57am
Rated They were peeing in their own pool... of mortgage backed securities! (Blog entry) | November 7, 2008 - 11:22am
Published They were peeing in their own pool... of mortgage backed securities! (Blog entry)
November 7, 2008 - 11:21am
Why would any prudent lender underwrite a loan for someone who couldn't afford it? What prudent lender loans money without knowing exactly what the collateral is worth? Why are so many people upside down on their home mortgages and are either nearing foreclosure or have already experienced foreclosure?
Commented They pissed in their own pool... of mortgage backed securities! in a discussion on Greenspan: “Shocked Disbelief” (Blog entry) | October 24, 2008 - 1:34pm

Published They were peeing in their own pool... of mortgage backed securities! (Blog entry)
November 7, 2008 - 11:21am
Why would any prudent lender underwrite a loan for someone who couldn't afford it? What prudent lender loans money without knowing exactly what the collateral is worth? Why are so many people upside down on their home mortgages and are either nearing foreclosure or have already experienced foreclosure?