Friday, April 4, 2008

HELOCs

Voltron says: Click here for a fitch report on home equity lines of credit (HELOC). They are second liens (meaning they only get paid after the first mortgage in foreclosure). I'm looking to buy long dated put options in Wells Fargo and JP Morgan.

1 comment:

Shellster said...

Tron,
Long term puts? How long Jan 09 or Jan 10?
Shelley Miller