Regular Contributor
Joe77
Posts: 218
Registered: ‎07-29-2007
Re: I have a 115% mortgage on a 3 Year Arm...is there hope?


MidnightVoice wrote:


hopeful wrote:
 
PS:  TRUST ME, I WORK IN THE FINANCIAL SERVICES SECTOR:  THE ECONOMY IS MUCH WORSE THAN THE MEDIA IS LETTING ON.  MUCH WORSE.



Agreed - for most of us normal people I really think that is true


Some sectors have been doing quite well.  Others have suffered.  However, the way the market is (over)reacting to the subprime mortgage mess is creating issues and instability.  That's what I worry about.
From BK to 700 FICOs in 4.5 yrs.