http://disqus.com/people/34f7bf02951707529a810a2680bbc279/enThu, 15 May 2008 17:36:39 -0000http://blownmortgage.disqus.com/chase_wholesale_eliminates_2nd_mortgages/#comment-473574READ BETWEEN THE LINES<br><br>If banks are cutting off seconds NOW, it means they see significant, rapid and continued devaluation of real estate assets into the future (housing will continue to tank). After all, cutting off new seconds will do nothing to help with existing seconds that have essentially become unsecured loans.Hezekiah KingThu, 15 May 2008 17:36:39 -0000