Thread: Investors!
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  #7  
Old 08-16-2007, 05:42 PM
pgardn
 
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Quote:
Originally Posted by Danzig
yeah, and that's who i have my mortgage thru...wonder if some loan buying will be going on...but we're ok, fixed rate, and VA--so really won't affect us regardless. thank goodness!
If they already paid for your house (or sold the mortage to someone else), and you are paying them... should be no problems. I mean if the people who you bought your house from got their money... I would think you are in the clear?

I think its the people trying to buy, or a sale is pending that are getting popped cuz Countrywide is low on cash to finance. So the housing market just backs up cause no buying can occur. I think this is the problem... along with the after effects of this.
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