08-23-2006, 09:52 AM
I watch CNBC all day- last week they had the hi-viz outspoken fund manager Ken Heebner who declared home prices were going to return to levels they were in 2000. Did I hear that right??? Something tells me I'll buy way before then. Of course since then there been a lot more discussion and debate on this topic.
They said the mortgage lenders don't like to foreclose cause it's expensive and want to head off consumer induced legislature to curb lending.
Others want to make friends- I just want to make money.
James Cramer
They said the mortgage lenders don't like to foreclose cause it's expensive and want to head off consumer induced legislature to curb lending.
Others want to make friends- I just want to make money.
James Cramer