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June 8, 2009 at 7:14 AM in reply to: Prepayment penalty scam … and we bailed out these ****ers? #412807
AK
Participant[quote=Bob]
The reality is, banks ARE lending again. In fact, some lenders are going so far as to once again offer exotic loans such as interest only, etc..But in today’s world, banks will lend only to applicants that are qualified, and thats the way it should be.
[/quote]On rate sheets I’ve seen 5/1 ARMs, 5/1 IO ARMs, 10/20 fixed IO … just about everything except option ARMs. To my great surprise I’ve even found myself debating their merits.
Participant[quote=Bob]
The reality is, banks ARE lending again. In fact, some lenders are going so far as to once again offer exotic loans such as interest only, etc..But in today’s world, banks will lend only to applicants that are qualified, and thats the way it should be.
[/quote]On rate sheets I’ve seen 5/1 ARMs, 5/1 IO ARMs, 10/20 fixed IO … just about everything except option ARMs. To my great surprise I’ve even found myself debating their merits.
Participant[quote=Bob]
The reality is, banks ARE lending again. In fact, some lenders are going so far as to once again offer exotic loans such as interest only, etc..But in today’s world, banks will lend only to applicants that are qualified, and thats the way it should be.
[/quote]On rate sheets I’ve seen 5/1 ARMs, 5/1 IO ARMs, 10/20 fixed IO … just about everything except option ARMs. To my great surprise I’ve even found myself debating their merits.
Participant[quote=Bob]
The reality is, banks ARE lending again. In fact, some lenders are going so far as to once again offer exotic loans such as interest only, etc..But in today’s world, banks will lend only to applicants that are qualified, and thats the way it should be.
[/quote]On rate sheets I’ve seen 5/1 ARMs, 5/1 IO ARMs, 10/20 fixed IO … just about everything except option ARMs. To my great surprise I’ve even found myself debating their merits.
Participant[quote=Bob]
The reality is, banks ARE lending again. In fact, some lenders are going so far as to once again offer exotic loans such as interest only, etc..But in today’s world, banks will lend only to applicants that are qualified, and thats the way it should be.
[/quote]On rate sheets I’ve seen 5/1 ARMs, 5/1 IO ARMs, 10/20 fixed IO … just about everything except option ARMs. To my great surprise I’ve even found myself debating their merits.
ParticipantCash is king?
I’d say cash is trash, except when the alternative is to put your money into investments that are worse than trash. Which has been the case for much of the past two decades, IMO.
ParticipantCash is king?
I’d say cash is trash, except when the alternative is to put your money into investments that are worse than trash. Which has been the case for much of the past two decades, IMO.
ParticipantCash is king?
I’d say cash is trash, except when the alternative is to put your money into investments that are worse than trash. Which has been the case for much of the past two decades, IMO.
ParticipantCash is king?
I’d say cash is trash, except when the alternative is to put your money into investments that are worse than trash. Which has been the case for much of the past two decades, IMO.
ParticipantCash is king?
I’d say cash is trash, except when the alternative is to put your money into investments that are worse than trash. Which has been the case for much of the past two decades, IMO.
ParticipantI did the searches myself and got much the same result.
Yeah there are a lot of duplicate records in the results. But I do remember seeing a lot of postponements (due to BK, short sale attempt, etc.) back in May. Could be that servicers aren’t granting similar extensions this month, and that last month’s postponements are hitting the auction block.
ParticipantI did the searches myself and got much the same result.
Yeah there are a lot of duplicate records in the results. But I do remember seeing a lot of postponements (due to BK, short sale attempt, etc.) back in May. Could be that servicers aren’t granting similar extensions this month, and that last month’s postponements are hitting the auction block.
ParticipantI did the searches myself and got much the same result.
Yeah there are a lot of duplicate records in the results. But I do remember seeing a lot of postponements (due to BK, short sale attempt, etc.) back in May. Could be that servicers aren’t granting similar extensions this month, and that last month’s postponements are hitting the auction block.
ParticipantI did the searches myself and got much the same result.
Yeah there are a lot of duplicate records in the results. But I do remember seeing a lot of postponements (due to BK, short sale attempt, etc.) back in May. Could be that servicers aren’t granting similar extensions this month, and that last month’s postponements are hitting the auction block.
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