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November 23, 2010 at 4:06 AM in reply to: RollingStone: Matt Taibbi: Courts Helping Banks Screw Over Homeowners #633595November 23, 2010 at 4:06 AM in reply to: RollingStone: Matt Taibbi: Courts Helping Banks Screw Over Homeowners #633724
permabear
ParticipantYou guys can’t be apologizing for the banks, can you? It’s so obvious that fraud has been perpetrated at every single level. There’s evidence that no-doc loans were very much desired by banks explicitly because then there was no paper trail if/when the whole securitization process was found to be a complete sham. A get out of jail free card, if you will.
November 23, 2010 at 4:06 AM in reply to: RollingStone: Matt Taibbi: Courts Helping Banks Screw Over Homeowners #634045ParticipantYou guys can’t be apologizing for the banks, can you? It’s so obvious that fraud has been perpetrated at every single level. There’s evidence that no-doc loans were very much desired by banks explicitly because then there was no paper trail if/when the whole securitization process was found to be a complete sham. A get out of jail free card, if you will.
ParticipantYou should be able to paint yourself. It’s not that hard!
ParticipantYou should be able to paint yourself. It’s not that hard!
ParticipantYou should be able to paint yourself. It’s not that hard!
ParticipantYou should be able to paint yourself. It’s not that hard!
ParticipantYou should be able to paint yourself. It’s not that hard!
Participant[quote=CA renter]IMHO, there is nothing wrong with Prop 13. Older residents should not have to pay the expenses for the infrastructure burdens caused by new residents.[/quote]
Why not? This is society in a nutshell. Imagine if people could just decide to lock in their income taxes at some arbitrary level. Subsequent programs – right or wrong – would suffer funding problems. If the programs are wrong, then residents should speak up and object, and/or vote out their representation. Right now, Prop 13 enables ambivalence – an overwhelming problem in our country as a whole.
Participant[quote=CA renter]IMHO, there is nothing wrong with Prop 13. Older residents should not have to pay the expenses for the infrastructure burdens caused by new residents.[/quote]
Why not? This is society in a nutshell. Imagine if people could just decide to lock in their income taxes at some arbitrary level. Subsequent programs – right or wrong – would suffer funding problems. If the programs are wrong, then residents should speak up and object, and/or vote out their representation. Right now, Prop 13 enables ambivalence – an overwhelming problem in our country as a whole.
Participant[quote=CA renter]IMHO, there is nothing wrong with Prop 13. Older residents should not have to pay the expenses for the infrastructure burdens caused by new residents.[/quote]
Why not? This is society in a nutshell. Imagine if people could just decide to lock in their income taxes at some arbitrary level. Subsequent programs – right or wrong – would suffer funding problems. If the programs are wrong, then residents should speak up and object, and/or vote out their representation. Right now, Prop 13 enables ambivalence – an overwhelming problem in our country as a whole.
Participant[quote=CA renter]IMHO, there is nothing wrong with Prop 13. Older residents should not have to pay the expenses for the infrastructure burdens caused by new residents.[/quote]
Why not? This is society in a nutshell. Imagine if people could just decide to lock in their income taxes at some arbitrary level. Subsequent programs – right or wrong – would suffer funding problems. If the programs are wrong, then residents should speak up and object, and/or vote out their representation. Right now, Prop 13 enables ambivalence – an overwhelming problem in our country as a whole.
Participant[quote=CA renter]IMHO, there is nothing wrong with Prop 13. Older residents should not have to pay the expenses for the infrastructure burdens caused by new residents.[/quote]
Why not? This is society in a nutshell. Imagine if people could just decide to lock in their income taxes at some arbitrary level. Subsequent programs – right or wrong – would suffer funding problems. If the programs are wrong, then residents should speak up and object, and/or vote out their representation. Right now, Prop 13 enables ambivalence – an overwhelming problem in our country as a whole.
Participant[quote=sdrealtor]The appraiser could not use 1028 Summer Holly as a comp as it is not within 15% of the same square footage[/quote]
I have never heard of this before. Are you saying this is a regulation or just a rule of thumb?
Seems like it would have to be broken for exceptional properties, large lots, views, horse land, etc.
Participant[quote=sdrealtor]The appraiser could not use 1028 Summer Holly as a comp as it is not within 15% of the same square footage[/quote]
I have never heard of this before. Are you saying this is a regulation or just a rule of thumb?
Seems like it would have to be broken for exceptional properties, large lots, views, horse land, etc.
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