Think it's time to start buying mortgage packages

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  • tltaylor89
    SBR Posting Legend
    • 06-19-09
    • 19610

    #1
    Think it's time to start buying mortgage packages
    Was talking to Second Market today for a client who wanted to buy $2,500,000 in mortgage back securites and he got 45 cent on the dollar worth of the shit ,and as we finalized the deal I was like damn he's getting Maine ,and NewYork MBS for 45cents on the dollar .These are not even high default areas the Nevada securities are 14 cents on the dollar.
  • Fishhead
    SBR Aristocracy
    • 08-11-05
    • 40179

    #2
    Comment
    • Extra Innings
      SBR Posting Legend
      • 02-26-10
      • 15058

      #3
      Love it Taylor....no risk....make that money
      Comment
      • big joe 1212
        SBR Posting Legend
        • 06-01-08
        • 19380

        #4
        where do you get these stories?
        Comment
        • BatemanPatrickl
          SBR Posting Legend
          • 06-21-07
          • 18772

          #5
          Originally posted by big joe 1212
          where do you get these stories?
          From mommy. She reads to him every night.
          Comment
          • flyingillini
            SBR Aristocracy
            • 12-06-06
            • 41219

            #6
            Taylor, I am finalizing the deal on Monday for another condo in North Miami. I will keep it for about 5-10 years at the most. God Bless your advice.
            המוסד‎
            המוסד למודיעין ולתפקידים מיוחדים‎
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