I am going to get my securities license so that I don’t have to worry about any violations on a national level, as there are some states that require this type of licensing, that being the case I have a colleague that hold such a license and is willing to act as the broker in the transaction.I have 3 almost 4 years in residential mortgage origination, although, I have moved away from that area of lending since the market collapse.

With the sub-prime industry collapsing people are now required to bring 10-20% down.

The best example I can give you is in the form of a question: Why do you suppose the current real estate market cool-down has not been worse, or that it wasn't the huge collapse of a 'bubble' popping that so many have been predicting?

So, the whole thing collapsed.

The country's largest lender being bought for a mere $3 billion just months after the mortgage collapse?

The truth is that if foreign countries didn’t have the need to trade with us the currency would collapse.

Thanks to the US Subprime Fallout and resulting economic decline, we're starting to see global markets collapse.

Jon Holdman you are a hoot :) I almost collapsed in my chair laughing.

Nathan -- one can speculate about hyperinflation and other potentially adverse consequences of the govt printing money, such as a potential collapse of the dollar.The 10 yr treasury rate is 1.95%.

This market has effectively collapsed over the previous 12 to 18 months, as investors have fled the market.