sjkurtz

sjkurtz

1p

2 comments posted · 0 followers · following 0

16 years ago @ Square Feet - Banks Not Even Half Wa... · 0 replies · +1 points

Banks are unwilling to take the write-downs that they should. They want to avoid raising red flags and endanger the public's perception. On one hand, they may be justified. The FDIC certainly thinks so. The reason that I say this is that if the debt service is being covered, the loans may not be in any danger of defaulting, just because the underlying valuation has changed.

16 years ago @ Portfolio Real Estate ... - ADP Employment Report · 0 replies · +1 points

This is just a test comment.