Lehman is in VERY deep water!

[Mega]

[olivegreen]

Re: Lehman is in VERY deep water!

Lehman might be in deep water, but I'm really concerned for this guy who had the guts to do this video. People sometimes amaze me...

[Mega]

Re: Lehman is in VERY deep water!

I should think he ok, its all out in the open...........i hope )
Mega

[makkie]

Re: Lehman is in VERY deep water!

thanks for bringing that on.

It looks like it is part of a regular vodcast. Does someone have a link to that vodcast?

makkie

[rtchoke]

Re: Lehman is in VERY deep water!

thanks for bringing that on.

It looks like it is part of a regular vodcast. Does someone have a link to that vodcast?

makkie

http://youtube.com/user/markmti

[Slimprofits]

Re: Lehman is in VERY deep water!

I found some documents online that are similar to what Mr. Mortgage is showing on the video (and sent them to him):

Washington Mutual Subprime Conduit Underwriting Guide Version 05/08/06 (.pdf)

Wells Fargo Correspondent - Alternative Lending/Traditional Nonprime Rate Sheet - First Mortgage Lien - Rates Effective 8/9/06

HSBC Whole Products Guidelines - May 2006 (including Fannie and Freddie offering no doc)

By the way, his next video (this time on Wells Fargo) is going to be posted today on YouTube.



found this nonsense too:

Power Mortgage - Florida & Georgia Mortgage Broker Fannie Mae American Dream

Question: What are the advantages of the Fannie Mae American Dream Mortgage Program?

Answer: We believe that this is the most flexible, low cost home loan program anywhere. Some of the fantastic highlights include liberal credit requirements, discounted Private Mortgage Insurance (PMI) rates, allowance for seller paid closing costs, and a very accommodating allowance for limited "undocumented income".

[makkie]

Re: Lehman is in VERY deep water!

http://youtube.com/user/markmti

thanx rockyoyster