Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.

J. P. Morgan

"Sell down to your sleeping point"

Thursday, November 5, 2009

Deed For Lease

So.... if you used to own it, instead of foreclosure... the bank is wiling to make you a deal... You Lease it from them instead at a lower price... but you no longer own it.


this seems like a program for people too lazy to move, by banks too lazy to foreclose, who can't resell

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