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Diego Mamani
ParticipantI’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).
Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.
Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.
ParticipantI’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).
Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.
Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.
ParticipantI’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).
Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.
Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.
ParticipantI’m all for the write-downs, but refinancings and guarantees made with taxpayer money are atrociously wrong. These proposals are more of the “war on savers,” “war on the dollar,” and “war on taxpayers” (to parody a expression politicians love to use).
Mortgage write-downs could give the FBs some equity in the properties, and will prevent lenders from having to foreclose countless houses. This is money the banks already lost. Whether writing down a mortgage balance or repossessing a house, the lender is out some money.
Another idea: lenders who write down the balance so that the FBs are not underwater, should be able to share in the equity appreciation (if any) by the time the house is sold.
May 2, 2008 at 12:58 PM in reply to: Gee, I guess those new conforming limits haven’t really helped much…. #197856ParticipantI should just come in and hijack your thread…
I guess the higher conforming limits go hand in hand with more stringent requirements and higher (more costly) interest rates?
May 2, 2008 at 12:58 PM in reply to: Gee, I guess those new conforming limits haven’t really helped much…. #197892ParticipantI should just come in and hijack your thread…
I guess the higher conforming limits go hand in hand with more stringent requirements and higher (more costly) interest rates?
May 2, 2008 at 12:58 PM in reply to: Gee, I guess those new conforming limits haven’t really helped much…. #197920ParticipantI should just come in and hijack your thread…
I guess the higher conforming limits go hand in hand with more stringent requirements and higher (more costly) interest rates?
May 2, 2008 at 12:58 PM in reply to: Gee, I guess those new conforming limits haven’t really helped much…. #197943ParticipantI should just come in and hijack your thread…
I guess the higher conforming limits go hand in hand with more stringent requirements and higher (more costly) interest rates?
May 2, 2008 at 12:58 PM in reply to: Gee, I guess those new conforming limits haven’t really helped much…. #197980ParticipantI should just come in and hijack your thread…
I guess the higher conforming limits go hand in hand with more stringent requirements and higher (more costly) interest rates?
May 1, 2008 at 12:15 PM in reply to: Bank of England Lays Down the Analytical Gauntlet on US Sub-prime Losses #197219ParticipantGD: Thanks for the link. This is the kind of smart discussion (or materials) we should be having here.
May 1, 2008 at 12:15 PM in reply to: Bank of England Lays Down the Analytical Gauntlet on US Sub-prime Losses #197252ParticipantGD: Thanks for the link. This is the kind of smart discussion (or materials) we should be having here.
May 1, 2008 at 12:15 PM in reply to: Bank of England Lays Down the Analytical Gauntlet on US Sub-prime Losses #197279ParticipantGD: Thanks for the link. This is the kind of smart discussion (or materials) we should be having here.
May 1, 2008 at 12:15 PM in reply to: Bank of England Lays Down the Analytical Gauntlet on US Sub-prime Losses #197301ParticipantGD: Thanks for the link. This is the kind of smart discussion (or materials) we should be having here.
May 1, 2008 at 12:15 PM in reply to: Bank of England Lays Down the Analytical Gauntlet on US Sub-prime Losses #197338ParticipantGD: Thanks for the link. This is the kind of smart discussion (or materials) we should be having here.
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