wndysrf Posted October 12, 2004 Report Share Posted October 12, 2004 COF reported deliquency rates up +14 bp and larger than expected charge offs. We hear that their car loan protfolio is bad shape but they didn't fess up on that. Thats why I was asking about income verification yesterday. Wynd, Do you know if income verification is manadatory on auto loans or do they do FICO+ stated income? Anyone with a FICO of over 675 is rubber stamped for 100% financing. Stated income only on FICOs between 625 - 675. Below 625, financing still easily obtained with pay stub, which are easy to fabricate, but rates are much higher for this tranche...... In a nutshell, if you are breathing, you can get car financing. Just a question of what rate the bank charges. Mortgage and consumer finance are still in the "As Good As It Gets" stage. Never been easier. Link to comment Share on other sites More sharing options...
wndysrf Posted October 12, 2004 Report Share Posted October 12, 2004 12:07 Wedbush reiterates 'buy' rating on Texas Instruments Link to comment Share on other sites More sharing options...
wndysrf Posted October 12, 2004 Report Share Posted October 12, 2004 50-day crossed up over the 200-day on the QQQ's. Looks like we bounced right off the 50-day this morning. Link to comment Share on other sites More sharing options...
Bearman Posted October 12, 2004 Report Share Posted October 12, 2004 cnnfn the other stock channel homes hour on now zero down modular home segment also when real estate tanks no words to describe how bad things will be Link to comment Share on other sites More sharing options...
wndysrf Posted October 12, 2004 Report Share Posted October 12, 2004 HedgeFunds are chasing the skirts of the Asian Exotica Link to comment Share on other sites More sharing options...
Bearman Posted October 12, 2004 Report Share Posted October 12, 2004 the carrot of low interest rates is gona Choke the crap out of all the real estate bagholders Link to comment Share on other sites More sharing options...
stanley Posted October 12, 2004 Report Share Posted October 12, 2004 2004 Drma: Turtle Bull This year, Monkey is in charge, makes u :grin: next year , chicken will drive bull ...to hell Ga Ga Gaaaar ..... My turn my turn ....(see below) charts sources: http://www.ahajokes.com/funny_cartoons.html http://www.chinesefortunecalendar.com/Imag...eenMonkey2A.gif Link to comment Share on other sites More sharing options...
Bearman Posted October 12, 2004 Report Share Posted October 12, 2004 the bulls need to have their teeth kicked in then eating up debt won't be so easy it also wouldn't hurt to break the bulls backs in serveral places Link to comment Share on other sites More sharing options...
Guest Posted October 12, 2004 Report Share Posted October 12, 2004 bet oil starts with a seven before it starts with a four every country around the world printing fiat as fast as they can trying to get their "fair" share of the remaining few drops Link to comment Share on other sites More sharing options...
Drano Posted October 12, 2004 Report Share Posted October 12, 2004 Looking at NEW (formerly NCEN) February 60 puts. (currently at 58.30ish) Symbol: URENL. Link to comment Share on other sites More sharing options...
Bearman Posted October 12, 2004 Report Share Posted October 12, 2004 trans acted like big bounce I perfer to say trunce Link to comment Share on other sites More sharing options...
Guest Posted October 12, 2004 Report Share Posted October 12, 2004 13wk t-bill 1.65% has never traded near 1.75% since the fed "raised rates" last looks like a rounded top lot of money betting 1.65% is worth being "safe" wonder what "they" are worried about? Link to comment Share on other sites More sharing options...
Bearman Posted October 12, 2004 Report Share Posted October 12, 2004 JPM LOD Link to comment Share on other sites More sharing options...
Guest Posted October 12, 2004 Report Share Posted October 12, 2004 i'm back 100% long gold and silver stocks and 50% short fannie and freddie gold down $9 i never felt more secure Link to comment Share on other sites More sharing options...
Bearman Posted October 12, 2004 Report Share Posted October 12, 2004 13wk t-bill 1.65%has never traded near 1.75% since the fed "raised rates" last looks like a rounded top lot of money betting 1.65% is worth being "safe" wonder what "they" are worried about? HGX implosion Link to comment Share on other sites More sharing options...
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