[barnaby33]

3-4, more like 4. I’m just at the beginning of the vindication phase. I’ll be a 3 when interest rates start rising and a two when I start my search for a home. 2 will be coincident with the bottom of the market and the shaming of all the illiterate trash that was allowed to become home debtors. I’ll be a one when I’ve signed on the dotted line and hopefully put this, as someone else wrote, gigantic waste of time behind me! Thats something to celebrate.

Not to be two final in my stages of encroaching happiness, I’m still willing to party, but just a bit and conservatively.

Josh

[barnaby33]

3-4, more like 4. I’m just at the beginning of the vindication phase. I’ll be a 3 when interest rates start rising and a two when I start my search for a home. 2 will be coincident with the bottom of the market and the shaming of all the illiterate trash that was allowed to become home debtors. I’ll be a one when I’ve signed on the dotted line and hopefully put this, as someone else wrote, gigantic waste of time behind me! Thats something to celebrate.

Not to be two final in my stages of encroaching happiness, I’m still willing to party, but just a bit and conservatively.

Josh

[barnaby33]

3-4, more like 4. I’m just at the beginning of the vindication phase. I’ll be a 3 when interest rates start rising and a two when I start my search for a home. 2 will be coincident with the bottom of the market and the shaming of all the illiterate trash that was allowed to become home debtors. I’ll be a one when I’ve signed on the dotted line and hopefully put this, as someone else wrote, gigantic waste of time behind me! Thats something to celebrate.

Not to be two final in my stages of encroaching happiness, I’m still willing to party, but just a bit and conservatively.

Josh

[barnaby33]

As I was pointing out, I’m not seeing how CFC is going to find new customers or steal existing (good) customers elsewhere without offering a better rate or some incentive or some sort.

You’ve just asked the 64k question. Unless you come up with a good answer, their goose is cooked. I’ve said since last year they were headed for BK, based on that same question. Their whole business model, what made them profitable is no longer possible. So either they go back to doing conforming loans which are the grunt work end of lending, or they die. Even if they do go back to traditional types of lending, now they are competing with every other bank that does the same thing. I’d bet their costs are a lot higher, considering their costs of borrowing have soared.

Josh

[barnaby33]

As I was pointing out, I’m not seeing how CFC is going to find new customers or steal existing (good) customers elsewhere without offering a better rate or some incentive or some sort.

You’ve just asked the 64k question. Unless you come up with a good answer, their goose is cooked. I’ve said since last year they were headed for BK, based on that same question. Their whole business model, what made them profitable is no longer possible. So either they go back to doing conforming loans which are the grunt work end of lending, or they die. Even if they do go back to traditional types of lending, now they are competing with every other bank that does the same thing. I’d bet their costs are a lot higher, considering their costs of borrowing have soared.

Josh

[barnaby33]

As I was pointing out, I’m not seeing how CFC is going to find new customers or steal existing (good) customers elsewhere without offering a better rate or some incentive or some sort.

You’ve just asked the 64k question. Unless you come up with a good answer, their goose is cooked. I’ve said since last year they were headed for BK, based on that same question. Their whole business model, what made them profitable is no longer possible. So either they go back to doing conforming loans which are the grunt work end of lending, or they die. Even if they do go back to traditional types of lending, now they are competing with every other bank that does the same thing. I’d bet their costs are a lot higher, considering their costs of borrowing have soared.

Josh

[barnaby33]

As I was pointing out, I’m not seeing how CFC is going to find new customers or steal existing (good) customers elsewhere without offering a better rate or some incentive or some sort.

You’ve just asked the 64k question. Unless you come up with a good answer, their goose is cooked. I’ve said since last year they were headed for BK, based on that same question. Their whole business model, what made them profitable is no longer possible. So either they go back to doing conforming loans which are the grunt work end of lending, or they die. Even if they do go back to traditional types of lending, now they are competing with every other bank that does the same thing. I’d bet their costs are a lot higher, considering their costs of borrowing have soared.

Josh

[barnaby33]

As I was pointing out, I’m not seeing how CFC is going to find new customers or steal existing (good) customers elsewhere without offering a better rate or some incentive or some sort.

You’ve just asked the 64k question. Unless you come up with a good answer, their goose is cooked. I’ve said since last year they were headed for BK, based on that same question. Their whole business model, what made them profitable is no longer possible. So either they go back to doing conforming loans which are the grunt work end of lending, or they die. Even if they do go back to traditional types of lending, now they are competing with every other bank that does the same thing. I’d bet their costs are a lot higher, considering their costs of borrowing have soared.

Josh

[barnaby33]

All option purchases are effectively ‘long’. Not true, you can write puts and calls, essentially shorting them.

Josh

[barnaby33]

All option purchases are effectively ‘long’. Not true, you can write puts and calls, essentially shorting them.

Josh

[barnaby33]

All option purchases are effectively ‘long’. Not true, you can write puts and calls, essentially shorting them.

Josh

[barnaby33]

All option purchases are effectively ‘long’. Not true, you can write puts and calls, essentially shorting them.

Josh

[barnaby33]

All option purchases are effectively ‘long’. Not true, you can write puts and calls, essentially shorting them.

Josh

[barnaby33]

I got a 14% increase which takes effect next month. I’m looking at getting a wine storage locker so I can move more easily. As much as I feel I’m getting gouged, moving is just to painful to do very often.

Josh

[barnaby33]

I got a 14% increase which takes effect next month. I’m looking at getting a wine storage locker so I can move more easily. As much as I feel I’m getting gouged, moving is just to painful to do very often.

Josh

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