financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Equity is an opinion, debt is real

December 16th, 2005 by InLibrisLibertas

Ooops

Scott Simon from PIMCO: “last year, 82 percent of the purchase loans in the state of California — Orange County being representative — were either interest-only or negatively amortizing loans”

Posted in Real Estate |

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