RE: apparently the market doesn't want to pay up i think the market forsees a looming housing market, plus the business model is great now, but wait till they start getting tons
of defaults. Unlike home trust which only goes 75% and now in somecase only 60-65% xceed is doing lots of high risk lending at 95-100% so there loan loss uninsured are going to get real scary down the road. I went through this in 1991 to 1997, people forget how
ugly it gets.