[stylin19a]

none of the examples are in dire need...in fact, one is in real good shape.

In little over a year ago...Gren Clarence bought a $500,000 home and put 25 percent down...

125k down you don't walk away from.

you are slipping....we need DIRE examples...

[ex-Texan]

The author takes the view that exotic loans are useful tools. I posted this particular editorial because that is the author's view. "Nothing to see here. Time to move on." Unless, of course, real estate falls more than 25% in value in Sonoma, California. And everybody knows that real estate always goes up.