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iStar Financial Inc. Message Board

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  • foreverwhiteroses foreverwhiteroses Jan 30, 2009 8:26 AM Flag

    Some useful points...

    All this talk of the benefits of buying back discounted debt makes me wonder if I can do it personally. I'm thinking about approaching tne owner of my unsliced and diced 2 year old, 15 year jumbo mortgage and offering to buy it back at a percentage of present par, financed by a new conforming mortgage plus the cash necessary to get it to conforming size....Hmmmm, I wonder if I can get them to listen and what percentage discount to offer... Hey if SFI can take advantage with available cash, why not me too?