tag:blogger.com,1999:blog-11719208.post1421960472034906894..comments2023-11-05T04:36:14.223-08:00Comments on The Mess That Greenspan Made: The new mortgage lending growth sectorTimhttp://www.blogger.com/profile/16530974968126497397noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-11719208.post-47930465893405173612007-06-26T06:53:00.000-07:002007-06-26T06:53:00.000-07:00Thanks for this post. The more I get enlightened a...Thanks for this post. The more I get enlightened about mortgages. I suggest that for those senior citizens, who are now considered as the new untapped market, they may find resources on <A HREF="http://www.whataboutloans.com/mortgage/mortgage-loans.html" REL="nofollow">mortgage for bad credit</A> especially for those who don't have good credit to speak of or obtain a terrible credit score.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-46984169239452613772007-06-25T09:15:00.000-07:002007-06-25T09:15:00.000-07:00All I know about the data is that it came from Cla...All I know about the data is that it came from Claritas Inc. and appeared in yesterday's LA Times. I too was surprised at the $50K median income for those in their 70s since you often hear that two-thirds of senior citizens count social security as their <B>only</B> source of income. That puts the lower bound at about $25k for a couple (?), meaning that there are many, many households with combined pensions/social security/etc. of $80K or more, which makes sense too.Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-6828175689098463532007-06-25T08:52:00.000-07:002007-06-25T08:52:00.000-07:00this median income and net worth chart is fascinat...this median income and net worth chart is fascinating! I'm surprised that median income for seniors holds up so well. <BR/><BR/>Tim do you have access to the source of their income? How much is employment, entitlements, 401k, investment income?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-38886425607815202602007-06-25T08:48:00.000-07:002007-06-25T08:48:00.000-07:00Tim,did you see existing home sales this a.m.? Sen...Tim,did you see existing home sales this a.m.? Seniors better RUN to the bank to get that reverse mortgage before prices gap down in a couple months.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-11719208.post-16993171158664366402007-06-25T08:03:00.000-07:002007-06-25T08:03:00.000-07:00That was way too long - if you'd like to provide a...That was way too long - if you'd like to provide a condensed version, have at it.Timhttps://www.blogger.com/profile/16530974968126497397noreply@blogger.comtag:blogger.com,1999:blog-11719208.post-7281364110623146262007-06-25T07:32:00.000-07:002007-06-25T07:32:00.000-07:00This comment has been removed by a blog administrator.Jordan Fogalhttps://www.blogger.com/profile/05615347847689805721noreply@blogger.com