Investors!

Originally Posted by Sightseek

It's kinda interesting what happened with AHM as we do business with them and as early as January or February they were closing offices.

http://articles.moneycentral.msn.com...AMeltdown.aspx

That article brings in a very interesting phenomena that may be a regional issue. A 500,000 dollar mortage loan is very big where I live. The fact that these companies were not looking closely at the credit backgrounds just seems very ill-advised. I just dont get it. I thought the idea was to lure buyers that could pay their mortage...? I guess they thought they could just sell the mortage to other companies that were willing to take more risks?