For the eternal optimists your boy David Lereah, your ace-in-the-hole, your go-to expert who predicted a "soft-landing" and wrote the book "Why the Real Estate Boom Will Not Bust" is saying that we're in for a lot worse. So stop looking for a bottom. It must be tough when your hero, your clutch hitter finally gives up the fight. Who do you turn to? Lawrence Yun? He doesn't have the panache, the swagger, the publishing credits!
Quick, somebody, find me someone with a pulse who thinks we're in better shape now than we were 3, 6, 9 months ago. Please. The pumpers are defecting like crazy. David freaking Lereah is seeing the light?!?!
David Lereah for President. A man that can flip-flop this effectively deserves a sacred seat in Washington.
Pardon my rather churlish response to hi
Related Headlines
- National City Warehouse Stops Approving Non-Agency Loansposted 48 weeks ago on Blown Mortgage
- What?s going on with the jumbo loan market?posted 48 weeks ago on Blown Mortgage
- IndyMac wades back in to the jumbo marketposted 48 weeks ago on Blown Mortgage
- Countrywide?s Mozilo sees recession as likelyposted 48 weeks ago on Blown Mortgage
- GMAC Suspends Stand Alone 2nd Loansposted 20 weeks ago on Blown Mortgage
- Off for a few daysposted 6 weeks ago on Blown Mortgage
- Accredited Home Lenders - layoffs & no new loansposted 48 weeks ago on Blown Mortgage
- Spread the good wordposted 42 weeks ago on Blown Mortgage
- Mortgage Market Minute 2/29/08posted 21 weeks ago on Blown Mortgage