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The OC Scam.
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December 5, 2007 at 10:49 AM #109482December 5, 2007 at 10:55 AM #109342
Bugs
ParticipantMostly smoke with only a flicker of flame here and there. The most positive outcome they can realistically hope for is a postponement of the collapse until 02/2009. At that point the (I assume) Democrat President will be able to blame all the problems of the world on the previous president and take credit for doing the right thing.
“You can pay me now, or you can pay me later.”
December 5, 2007 at 10:55 AM #109452ParticipantMostly smoke with only a flicker of flame here and there. The most positive outcome they can realistically hope for is a postponement of the collapse until 02/2009. At that point the (I assume) Democrat President will be able to blame all the problems of the world on the previous president and take credit for doing the right thing.
“You can pay me now, or you can pay me later.”
December 5, 2007 at 10:55 AM #109484ParticipantMostly smoke with only a flicker of flame here and there. The most positive outcome they can realistically hope for is a postponement of the collapse until 02/2009. At that point the (I assume) Democrat President will be able to blame all the problems of the world on the previous president and take credit for doing the right thing.
“You can pay me now, or you can pay me later.”
December 5, 2007 at 10:55 AM #109488ParticipantMostly smoke with only a flicker of flame here and there. The most positive outcome they can realistically hope for is a postponement of the collapse until 02/2009. At that point the (I assume) Democrat President will be able to blame all the problems of the world on the previous president and take credit for doing the right thing.
“You can pay me now, or you can pay me later.”
December 5, 2007 at 10:55 AM #109501ParticipantMostly smoke with only a flicker of flame here and there. The most positive outcome they can realistically hope for is a postponement of the collapse until 02/2009. At that point the (I assume) Democrat President will be able to blame all the problems of the world on the previous president and take credit for doing the right thing.
“You can pay me now, or you can pay me later.”
December 5, 2007 at 11:09 AM #109362pencilneck
ParticipantI read an article in the UT or Daily Transcript that said that the proposed loan freeze would help about 12% of those in San Diego, but I can’t remember if it said it would help 12% of those with variable rate loans or 12% of the total pool of San Diego mortgage holders.
Either way, this will do little to slow the current surge of foreclosures.
In my opinion, loan rate freezes will have an overall negative impact on the housing market over the next few years. Having the government move in and renegotiate these contracts adds another element of risk to the lenders. Borrowers will pay for the added risk.
December 5, 2007 at 11:09 AM #109472ParticipantI read an article in the UT or Daily Transcript that said that the proposed loan freeze would help about 12% of those in San Diego, but I can’t remember if it said it would help 12% of those with variable rate loans or 12% of the total pool of San Diego mortgage holders.
Either way, this will do little to slow the current surge of foreclosures.
In my opinion, loan rate freezes will have an overall negative impact on the housing market over the next few years. Having the government move in and renegotiate these contracts adds another element of risk to the lenders. Borrowers will pay for the added risk.
December 5, 2007 at 11:09 AM #109504ParticipantI read an article in the UT or Daily Transcript that said that the proposed loan freeze would help about 12% of those in San Diego, but I can’t remember if it said it would help 12% of those with variable rate loans or 12% of the total pool of San Diego mortgage holders.
Either way, this will do little to slow the current surge of foreclosures.
In my opinion, loan rate freezes will have an overall negative impact on the housing market over the next few years. Having the government move in and renegotiate these contracts adds another element of risk to the lenders. Borrowers will pay for the added risk.
December 5, 2007 at 11:09 AM #109508ParticipantI read an article in the UT or Daily Transcript that said that the proposed loan freeze would help about 12% of those in San Diego, but I can’t remember if it said it would help 12% of those with variable rate loans or 12% of the total pool of San Diego mortgage holders.
Either way, this will do little to slow the current surge of foreclosures.
In my opinion, loan rate freezes will have an overall negative impact on the housing market over the next few years. Having the government move in and renegotiate these contracts adds another element of risk to the lenders. Borrowers will pay for the added risk.
December 5, 2007 at 11:09 AM #109521ParticipantI read an article in the UT or Daily Transcript that said that the proposed loan freeze would help about 12% of those in San Diego, but I can’t remember if it said it would help 12% of those with variable rate loans or 12% of the total pool of San Diego mortgage holders.
Either way, this will do little to slow the current surge of foreclosures.
In my opinion, loan rate freezes will have an overall negative impact on the housing market over the next few years. Having the government move in and renegotiate these contracts adds another element of risk to the lenders. Borrowers will pay for the added risk.
December 5, 2007 at 11:21 AM #109367The OC Scam
ParticipantTHIS IS WHY I JUST BOUGHT A HOUSE I NOT SURE I CAN AFFORD!
WHO CARES JOIN THE OTHER BLIND AMERICANS!!!
December 5, 2007 at 11:21 AM #109477ParticipantTHIS IS WHY I JUST BOUGHT A HOUSE I NOT SURE I CAN AFFORD!
WHO CARES JOIN THE OTHER BLIND AMERICANS!!!
December 5, 2007 at 11:21 AM #109509ParticipantTHIS IS WHY I JUST BOUGHT A HOUSE I NOT SURE I CAN AFFORD!
WHO CARES JOIN THE OTHER BLIND AMERICANS!!!
December 5, 2007 at 11:21 AM #109513ParticipantTHIS IS WHY I JUST BOUGHT A HOUSE I NOT SURE I CAN AFFORD!
WHO CARES JOIN THE OTHER BLIND AMERICANS!!!
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