Comments on: Bond Insurers – The Hidden Conspirators of the Mortgage Meltdown http://www.biggerpockets.com/renewsblog/2008/08/10/bond-insurers-the-hidden-conspirators-of-the-mortgage-meltdown/ Learn, Network, Invest Sun, 12 Feb 2012 02:59:04 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: James Wheelockhttp://www.biggerpockets.com/renewsblog/2008/08/10/bond-insurers-the-hidden-conspirators-of-the-mortgage-meltdown/#comment-59237 James Wheelock Mon, 11 Aug 2008 06:41:33 +0000 http://www.biggerpockets.com/renewsblog/?p=1156#comment-59237 @Rob - Reading your post here it is evident that you are unaware of how CDOs are structured and overlooking some very important details to this housing correction. Furthermore plenty of money was made on these loans even with the huge write downs. Alot of the troubles with these loans is that they were made to force consumers to refinance and changes in the market conditions prevented them from doing so.This post has given me an idea for a post that I think will be very beneficial to the web. Click the link to my blog I will have it posted tomorrow for you to read. I would like to have a running debate with you concerning your stance. @Rob – Reading your post here it is evident that you are unaware of how CDOs are structured and overlooking some very important details to this housing correction. Furthermore plenty of money was made on these loans even with the huge write downs. Alot of the troubles with these loans is that they were made to force consumers to refinance and changes in the market conditions prevented them from doing so.

This post has given me an idea for a post that I think will be very beneficial to the web. Click the link to my blog I will have it posted tomorrow for you to read. I would like to have a running debate with you concerning your stance.

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