[pierstroll]

Wife and I are brokers although I'm best described as her chauffeur.

Here's what we're seeing this week.

New 100% loans and even a 103% for over 700 FICO score.

Some lenders still closing.

C-Span last Saturday. Sub-prime foreclosures at 13% may or may not hit 20%.

No-doc very strictly applied to self-employed borrowers only.

Sub-prime full doc, verify everything.

Still buzz about more lenders disappearing.

[Hydroshock]

I hope it does not get worse but fear it will.