Hat tip to clearfund for sending this along:

Jim Klinge
Klinge Realty Group
Broker-Associate, Compass

Are you looking for an experienced agent to help you buy or sell a home?
Contact Jim the Realtor!
- 682 S. Coast Hwy 101, Suite #110
Encinitas, CA 92024 - (858) 997-3801 call or text
- klingerealty@gmail.com
CA DRE #01527365, CA DRE #00873197
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@NickTimiraos Rates will not ease until despondency increases......the dread of watching the American dream evaporate slowly is the plan
New post (Bubbleinfo Subscribers) has been published on http://bubbleinfo.com - https://www.bubbleinfo.com/2023/02/07/bubbleinfo-subscribers/
#NEW @CoreLogicInc projects that U.S. home prices will rise 3% between December 2022 to December 2023.
Yes. Oh goody! I think the guy was at Countrywide if I am not mistaken.
Most of PennyMac is comprised of former Countrywide people. Profit from creating the problem, profit again from creating the “solution.” My favorite is the concept of securitizing NPLs. What’s the present value of a stream of future nonpayments?
S&P will rate the securitized npls AAA …
To be fair Kurland was gone in 2006, and it was Sambol who was so gungho for subprime and Alt-A.