- This topic has 125 replies, 9 voices, and was last updated 14 years, 7 months ago by
(former)FormerSanDiegan.
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July 12, 2010 at 8:22 PM #17690July 12, 2010 at 9:06 PM #577196
jpinpb
ParticipantI guess now that the tax credits expired, we needed something to keep this ball rolling. Everyone on board for the continuation of the crazy train ride.
July 12, 2010 at 9:06 PM #577290jpinpb
ParticipantI guess now that the tax credits expired, we needed something to keep this ball rolling. Everyone on board for the continuation of the crazy train ride.
July 12, 2010 at 9:06 PM #577817jpinpb
ParticipantI guess now that the tax credits expired, we needed something to keep this ball rolling. Everyone on board for the continuation of the crazy train ride.
July 12, 2010 at 9:06 PM #577924jpinpb
ParticipantI guess now that the tax credits expired, we needed something to keep this ball rolling. Everyone on board for the continuation of the crazy train ride.
July 12, 2010 at 9:06 PM #578224jpinpb
ParticipantI guess now that the tax credits expired, we needed something to keep this ball rolling. Everyone on board for the continuation of the crazy train ride.
July 12, 2010 at 9:42 PM #577221scaredyclassic
Participantbetter for future defaulters…?
July 12, 2010 at 9:42 PM #577315scaredyclassic
Participantbetter for future defaulters…?
July 12, 2010 at 9:42 PM #577842scaredyclassic
Participantbetter for future defaulters…?
July 12, 2010 at 9:42 PM #577949scaredyclassic
Participantbetter for future defaulters…?
July 12, 2010 at 9:42 PM #578249scaredyclassic
Participantbetter for future defaulters…?
July 13, 2010 at 8:25 AM #577291(former)FormerSanDiegan
ParticipantThese loans, although scarce, never really went away. I suspect that the underwriting on them is pretty tight (e.g. 75% LTV or better, sufficient assets, and full documentation). These are not bad products for those who have sufficient assets (e.g. could pay off the loan at any time by liquidating accounts).
The real problem with these previously was that they were used with stated income and stated asset loans. These are not good products for those without sufficient assets to pay off a significant chunk of the loan.
July 13, 2010 at 8:25 AM #577385(former)FormerSanDiegan
ParticipantThese loans, although scarce, never really went away. I suspect that the underwriting on them is pretty tight (e.g. 75% LTV or better, sufficient assets, and full documentation). These are not bad products for those who have sufficient assets (e.g. could pay off the loan at any time by liquidating accounts).
The real problem with these previously was that they were used with stated income and stated asset loans. These are not good products for those without sufficient assets to pay off a significant chunk of the loan.
July 13, 2010 at 8:25 AM #577912(former)FormerSanDiegan
ParticipantThese loans, although scarce, never really went away. I suspect that the underwriting on them is pretty tight (e.g. 75% LTV or better, sufficient assets, and full documentation). These are not bad products for those who have sufficient assets (e.g. could pay off the loan at any time by liquidating accounts).
The real problem with these previously was that they were used with stated income and stated asset loans. These are not good products for those without sufficient assets to pay off a significant chunk of the loan.
July 13, 2010 at 8:25 AM #578018(former)FormerSanDiegan
ParticipantThese loans, although scarce, never really went away. I suspect that the underwriting on them is pretty tight (e.g. 75% LTV or better, sufficient assets, and full documentation). These are not bad products for those who have sufficient assets (e.g. could pay off the loan at any time by liquidating accounts).
The real problem with these previously was that they were used with stated income and stated asset loans. These are not good products for those without sufficient assets to pay off a significant chunk of the loan.
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