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Raybyrnes
ParticipantGo one step further Cogsci. You might suggest that it was the rating agencies who were complicit in rating the debt. It then gets distributed to investors. Those buying the debt might be held accountable. So all in all if everyone is trying to make as much money as they can buy buying and selling securities on the backs of the homebuyers and originators then wehn it fails to produce profits in accordance with expectations then let’s jsut call it waht it is . A BAD INVESTMENT.
Over the long haul I think that subprime loans are going to reemerge. Thjey will be written with tighter underwriting standards and theere will be investors will to take riskes to increase there rate of return. And the cycle will start all over.
Raybyrnes
ParticipantGo one step further Cogsci. You might suggest that it was the rating agencies who were complicit in rating the debt. It then gets distributed to investors. Those buying the debt might be held accountable. So all in all if everyone is trying to make as much money as they can buy buying and selling securities on the backs of the homebuyers and originators then wehn it fails to produce profits in accordance with expectations then let’s jsut call it waht it is . A BAD INVESTMENT.
Over the long haul I think that subprime loans are going to reemerge. Thjey will be written with tighter underwriting standards and theere will be investors will to take riskes to increase there rate of return. And the cycle will start all over.
Raybyrnes
ParticipantGo one step further Cogsci. You might suggest that it was the rating agencies who were complicit in rating the debt. It then gets distributed to investors. Those buying the debt might be held accountable. So all in all if everyone is trying to make as much money as they can buy buying and selling securities on the backs of the homebuyers and originators then wehn it fails to produce profits in accordance with expectations then let’s jsut call it waht it is . A BAD INVESTMENT.
Over the long haul I think that subprime loans are going to reemerge. Thjey will be written with tighter underwriting standards and theere will be investors will to take riskes to increase there rate of return. And the cycle will start all over.
Raybyrnes
ParticipantGo one step further Cogsci. You might suggest that it was the rating agencies who were complicit in rating the debt. It then gets distributed to investors. Those buying the debt might be held accountable. So all in all if everyone is trying to make as much money as they can buy buying and selling securities on the backs of the homebuyers and originators then wehn it fails to produce profits in accordance with expectations then let’s jsut call it waht it is . A BAD INVESTMENT.
Over the long haul I think that subprime loans are going to reemerge. Thjey will be written with tighter underwriting standards and theere will be investors will to take riskes to increase there rate of return. And the cycle will start all over.
Raybyrnes
ParticipantCogSciGuy
It was a business decision by the bank to make the loan. They profit when things work out and lose money when they don’t. Just a business decision by both parties.
Where is becomes fraudulaent is when people lie or decieve the other party from the borrwer standpoint or when people are encouraged to lie from the broker standpoint.
Raybyrnes
ParticipantCogSciGuy
It was a business decision by the bank to make the loan. They profit when things work out and lose money when they don’t. Just a business decision by both parties.
Where is becomes fraudulaent is when people lie or decieve the other party from the borrwer standpoint or when people are encouraged to lie from the broker standpoint.
Raybyrnes
ParticipantCogSciGuy
It was a business decision by the bank to make the loan. They profit when things work out and lose money when they don’t. Just a business decision by both parties.
Where is becomes fraudulaent is when people lie or decieve the other party from the borrwer standpoint or when people are encouraged to lie from the broker standpoint.
Raybyrnes
ParticipantCogSciGuy
It was a business decision by the bank to make the loan. They profit when things work out and lose money when they don’t. Just a business decision by both parties.
Where is becomes fraudulaent is when people lie or decieve the other party from the borrwer standpoint or when people are encouraged to lie from the broker standpoint.
Raybyrnes
ParticipantCogSciGuy
It was a business decision by the bank to make the loan. They profit when things work out and lose money when they don’t. Just a business decision by both parties.
Where is becomes fraudulaent is when people lie or decieve the other party from the borrwer standpoint or when people are encouraged to lie from the broker standpoint.
Raybyrnes
ParticipantCostco will allow you to bring the item back for up to 1 year no ???’s asked. Was shocked to find out this goes for furniture as well. Does not apply to electronics.
Raybyrnes
ParticipantCostco will allow you to bring the item back for up to 1 year no ???’s asked. Was shocked to find out this goes for furniture as well. Does not apply to electronics.
Raybyrnes
ParticipantCostco will allow you to bring the item back for up to 1 year no ???’s asked. Was shocked to find out this goes for furniture as well. Does not apply to electronics.
Raybyrnes
ParticipantCostco will allow you to bring the item back for up to 1 year no ???’s asked. Was shocked to find out this goes for furniture as well. Does not apply to electronics.
Raybyrnes
ParticipantCostco will allow you to bring the item back for up to 1 year no ???’s asked. Was shocked to find out this goes for furniture as well. Does not apply to electronics.
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