Forum Replies Created
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robson
ParticipantBut hoarding would mean millions of vacant homes across the country which would be vandalized over the years and by the time the next bubble hit they wouldn’t even be livable. I don’t understand why banks don’t just sack up and start renting to people in the traditional way. At this point a “rent unit” at a bank would be much more valuable than a “mortgage unit.” Seriously though, is there a law against this or why has it not happened?
ParticipantBut hoarding would mean millions of vacant homes across the country which would be vandalized over the years and by the time the next bubble hit they wouldn’t even be livable. I don’t understand why banks don’t just sack up and start renting to people in the traditional way. At this point a “rent unit” at a bank would be much more valuable than a “mortgage unit.” Seriously though, is there a law against this or why has it not happened?
ParticipantBut hoarding would mean millions of vacant homes across the country which would be vandalized over the years and by the time the next bubble hit they wouldn’t even be livable. I don’t understand why banks don’t just sack up and start renting to people in the traditional way. At this point a “rent unit” at a bank would be much more valuable than a “mortgage unit.” Seriously though, is there a law against this or why has it not happened?
ParticipantBut hoarding would mean millions of vacant homes across the country which would be vandalized over the years and by the time the next bubble hit they wouldn’t even be livable. I don’t understand why banks don’t just sack up and start renting to people in the traditional way. At this point a “rent unit” at a bank would be much more valuable than a “mortgage unit.” Seriously though, is there a law against this or why has it not happened?
ParticipantI’ll make it simple for alex. The bailout is the equivalent of a teacher giving a cookie to all the 1st graders who did worst on her math test and no cookies to the ones that did well.
ParticipantI’ll make it simple for alex. The bailout is the equivalent of a teacher giving a cookie to all the 1st graders who did worst on her math test and no cookies to the ones that did well.
ParticipantI’ll make it simple for alex. The bailout is the equivalent of a teacher giving a cookie to all the 1st graders who did worst on her math test and no cookies to the ones that did well.
ParticipantI’ll make it simple for alex. The bailout is the equivalent of a teacher giving a cookie to all the 1st graders who did worst on her math test and no cookies to the ones that did well.
ParticipantI’ll make it simple for alex. The bailout is the equivalent of a teacher giving a cookie to all the 1st graders who did worst on her math test and no cookies to the ones that did well.
Participant“As of the end of December, 71 percent of borrowers with pay-option loans were electing to make less than full interest payments.”
I read this to mean that IN DECEMBER, 71% didn’t pay the whole monthly payment. I believe SDEngineer is on the right track, with the subtle difference that the 71% isn’t necessarily repeat offenders, but just a 1 month instance.
The remaining 20% would be people who missed a payment in an earlier month but paid in December. Of course, I would hands down presume that the majority of the 71% who didn’t pay in December are probably repeat offenders.
Participant“As of the end of December, 71 percent of borrowers with pay-option loans were electing to make less than full interest payments.”
I read this to mean that IN DECEMBER, 71% didn’t pay the whole monthly payment. I believe SDEngineer is on the right track, with the subtle difference that the 71% isn’t necessarily repeat offenders, but just a 1 month instance.
The remaining 20% would be people who missed a payment in an earlier month but paid in December. Of course, I would hands down presume that the majority of the 71% who didn’t pay in December are probably repeat offenders.
Participant“As of the end of December, 71 percent of borrowers with pay-option loans were electing to make less than full interest payments.”
I read this to mean that IN DECEMBER, 71% didn’t pay the whole monthly payment. I believe SDEngineer is on the right track, with the subtle difference that the 71% isn’t necessarily repeat offenders, but just a 1 month instance.
The remaining 20% would be people who missed a payment in an earlier month but paid in December. Of course, I would hands down presume that the majority of the 71% who didn’t pay in December are probably repeat offenders.
Participant“As of the end of December, 71 percent of borrowers with pay-option loans were electing to make less than full interest payments.”
I read this to mean that IN DECEMBER, 71% didn’t pay the whole monthly payment. I believe SDEngineer is on the right track, with the subtle difference that the 71% isn’t necessarily repeat offenders, but just a 1 month instance.
The remaining 20% would be people who missed a payment in an earlier month but paid in December. Of course, I would hands down presume that the majority of the 71% who didn’t pay in December are probably repeat offenders.
Participant“As of the end of December, 71 percent of borrowers with pay-option loans were electing to make less than full interest payments.”
I read this to mean that IN DECEMBER, 71% didn’t pay the whole monthly payment. I believe SDEngineer is on the right track, with the subtle difference that the 71% isn’t necessarily repeat offenders, but just a 1 month instance.
The remaining 20% would be people who missed a payment in an earlier month but paid in December. Of course, I would hands down presume that the majority of the 71% who didn’t pay in December are probably repeat offenders.
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