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Viewing 15 posts - 1 through 15 (of 126 total)
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    Posts
  • July 12, 2010 at 8:22 PM #17690
    SanDiegoDave
    Participant

    Just got the flyer in the mail yesterday, from Union Bank of all places. I thought they were one of the safe banks.

    July 12, 2010 at 9:06 PM #577196
    jpinpb
    Participant

    I 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 #577290
    jpinpb
    Participant

    I 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 #577817
    jpinpb
    Participant

    I 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 #577924
    jpinpb
    Participant

    I 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 #578224
    jpinpb
    Participant

    I 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 #577221
    scaredyclassic
    Participant

    better for future defaulters…?

    July 12, 2010 at 9:42 PM #577315
    scaredyclassic
    Participant

    better for future defaulters…?

    July 12, 2010 at 9:42 PM #577842
    scaredyclassic
    Participant

    better for future defaulters…?

    July 12, 2010 at 9:42 PM #577949
    scaredyclassic
    Participant

    better for future defaulters…?

    July 12, 2010 at 9:42 PM #578249
    scaredyclassic
    Participant

    better for future defaulters…?

    July 13, 2010 at 8:25 AM #577291
    (former)FormerSanDiegan
    Participant

    These 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
    Participant

    These 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
    Participant

    These 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
    Participant

    These 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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