Quote:
Originally posted by Icky Thump
Of course, it's the reverse lock theory.
The market plummeted (1) on the day my offer was accepted; and (2) further on the day I signed the mortgage.
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Icky,
if you want to make back the money, go read Barclays' papers alleging fraud by Citi. And then tally up the state and local governments that invested in securitization vehicles in a lawsuit against the sponsors.
There's money suing over these securities.