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Old 09-09-2007, 09:41 AM
adios adios is offline
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Join Date: Sep 2002
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Default Re: countrywide (aka enron) cans 12k employees

Well yield curve from 2-10 is steepening. With rate cuts yield curve could end up being steep from 0-10. Conforming loans have plenty of liquidity in short term funding. So with decent spreads between short term and long term rates we could see some lenders do very well actually IMO FWIW.
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