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temeculaguy
Participant****The following comment is not to be interpreted as a racist comment. While I am a white male who is not permitted to comment on any group, I have a lengthy track record here and in life of having nothing but respect for asian culture, religion and philosophy. I apologize in advance for my insensitive remarks*****
FLU, The link didn’t work, is there a better one. Since I didn’t see it, how did you come to that conclusion, is there red carpet, black laquer baseboards and white marble floors? Whenever I look at a house with obvious asian flooring choices I can’t help but inquire about a non asian flooring credit being built into the offer.
See that wasn’t so bad
temeculaguy
Participant****The following comment is not to be interpreted as a racist comment. While I am a white male who is not permitted to comment on any group, I have a lengthy track record here and in life of having nothing but respect for asian culture, religion and philosophy. I apologize in advance for my insensitive remarks*****
FLU, The link didn’t work, is there a better one. Since I didn’t see it, how did you come to that conclusion, is there red carpet, black laquer baseboards and white marble floors? Whenever I look at a house with obvious asian flooring choices I can’t help but inquire about a non asian flooring credit being built into the offer.
See that wasn’t so bad
temeculaguy
Participant****The following comment is not to be interpreted as a racist comment. While I am a white male who is not permitted to comment on any group, I have a lengthy track record here and in life of having nothing but respect for asian culture, religion and philosophy. I apologize in advance for my insensitive remarks*****
FLU, The link didn’t work, is there a better one. Since I didn’t see it, how did you come to that conclusion, is there red carpet, black laquer baseboards and white marble floors? Whenever I look at a house with obvious asian flooring choices I can’t help but inquire about a non asian flooring credit being built into the offer.
See that wasn’t so bad
temeculaguy
Participant****The following comment is not to be interpreted as a racist comment. While I am a white male who is not permitted to comment on any group, I have a lengthy track record here and in life of having nothing but respect for asian culture, religion and philosophy. I apologize in advance for my insensitive remarks*****
FLU, The link didn’t work, is there a better one. Since I didn’t see it, how did you come to that conclusion, is there red carpet, black laquer baseboards and white marble floors? Whenever I look at a house with obvious asian flooring choices I can’t help but inquire about a non asian flooring credit being built into the offer.
See that wasn’t so bad
temeculaguy
ParticipantI don’t see how this will help the liquidity problem, it’s new rims with old tires. Why would any investor in the future buy mortgage backed securities if they are going to get strongarmed out of their profit, more risk, no reward. Within those pooled assets are a chunk of borrowers who will continue to make the payments at higher rates to offset a little of what the foreclosures cost them. Based on the critera, 660 fico, no lates, equity, they are being told to not make any money off of the best borrowers in the pool while those who don’t qualify are really the ones who will be foreclosing.
Almost every attempt in history to trick the invisible hand of economics has backfired, this will be no different. Where did Laize faire go? This is akin to a casino changing the rules in blackjack after I’ve bet and the cards have been dealt, telling me that I lose on a tie. They will do nothing other than ensuring I stop betting because they can’t be trusted. They may save a few people but they will make sure that private equity steers clear of anyone without stellar credit and large downpayments, while that is not a bad thing, it will hurt the very market they are trying to manipulate.
temeculaguy
ParticipantI don’t see how this will help the liquidity problem, it’s new rims with old tires. Why would any investor in the future buy mortgage backed securities if they are going to get strongarmed out of their profit, more risk, no reward. Within those pooled assets are a chunk of borrowers who will continue to make the payments at higher rates to offset a little of what the foreclosures cost them. Based on the critera, 660 fico, no lates, equity, they are being told to not make any money off of the best borrowers in the pool while those who don’t qualify are really the ones who will be foreclosing.
Almost every attempt in history to trick the invisible hand of economics has backfired, this will be no different. Where did Laize faire go? This is akin to a casino changing the rules in blackjack after I’ve bet and the cards have been dealt, telling me that I lose on a tie. They will do nothing other than ensuring I stop betting because they can’t be trusted. They may save a few people but they will make sure that private equity steers clear of anyone without stellar credit and large downpayments, while that is not a bad thing, it will hurt the very market they are trying to manipulate.
temeculaguy
ParticipantI don’t see how this will help the liquidity problem, it’s new rims with old tires. Why would any investor in the future buy mortgage backed securities if they are going to get strongarmed out of their profit, more risk, no reward. Within those pooled assets are a chunk of borrowers who will continue to make the payments at higher rates to offset a little of what the foreclosures cost them. Based on the critera, 660 fico, no lates, equity, they are being told to not make any money off of the best borrowers in the pool while those who don’t qualify are really the ones who will be foreclosing.
Almost every attempt in history to trick the invisible hand of economics has backfired, this will be no different. Where did Laize faire go? This is akin to a casino changing the rules in blackjack after I’ve bet and the cards have been dealt, telling me that I lose on a tie. They will do nothing other than ensuring I stop betting because they can’t be trusted. They may save a few people but they will make sure that private equity steers clear of anyone without stellar credit and large downpayments, while that is not a bad thing, it will hurt the very market they are trying to manipulate.
temeculaguy
ParticipantI don’t see how this will help the liquidity problem, it’s new rims with old tires. Why would any investor in the future buy mortgage backed securities if they are going to get strongarmed out of their profit, more risk, no reward. Within those pooled assets are a chunk of borrowers who will continue to make the payments at higher rates to offset a little of what the foreclosures cost them. Based on the critera, 660 fico, no lates, equity, they are being told to not make any money off of the best borrowers in the pool while those who don’t qualify are really the ones who will be foreclosing.
Almost every attempt in history to trick the invisible hand of economics has backfired, this will be no different. Where did Laize faire go? This is akin to a casino changing the rules in blackjack after I’ve bet and the cards have been dealt, telling me that I lose on a tie. They will do nothing other than ensuring I stop betting because they can’t be trusted. They may save a few people but they will make sure that private equity steers clear of anyone without stellar credit and large downpayments, while that is not a bad thing, it will hurt the very market they are trying to manipulate.
temeculaguy
ParticipantI don’t see how this will help the liquidity problem, it’s new rims with old tires. Why would any investor in the future buy mortgage backed securities if they are going to get strongarmed out of their profit, more risk, no reward. Within those pooled assets are a chunk of borrowers who will continue to make the payments at higher rates to offset a little of what the foreclosures cost them. Based on the critera, 660 fico, no lates, equity, they are being told to not make any money off of the best borrowers in the pool while those who don’t qualify are really the ones who will be foreclosing.
Almost every attempt in history to trick the invisible hand of economics has backfired, this will be no different. Where did Laize faire go? This is akin to a casino changing the rules in blackjack after I’ve bet and the cards have been dealt, telling me that I lose on a tie. They will do nothing other than ensuring I stop betting because they can’t be trusted. They may save a few people but they will make sure that private equity steers clear of anyone without stellar credit and large downpayments, while that is not a bad thing, it will hurt the very market they are trying to manipulate.
temeculaguy
ParticipantSince you bout that remington road place in August for 475k, I think the bottom will be next August when the next guy buys it at auction for 375k. While August of 2008 is purely a guess, I am quite sure that August of 07 wasn’t it.
temeculaguy
ParticipantSince you bout that remington road place in August for 475k, I think the bottom will be next August when the next guy buys it at auction for 375k. While August of 2008 is purely a guess, I am quite sure that August of 07 wasn’t it.
temeculaguy
ParticipantSince you bout that remington road place in August for 475k, I think the bottom will be next August when the next guy buys it at auction for 375k. While August of 2008 is purely a guess, I am quite sure that August of 07 wasn’t it.
temeculaguy
ParticipantSince you bout that remington road place in August for 475k, I think the bottom will be next August when the next guy buys it at auction for 375k. While August of 2008 is purely a guess, I am quite sure that August of 07 wasn’t it.
temeculaguy
ParticipantSince you bout that remington road place in August for 475k, I think the bottom will be next August when the next guy buys it at auction for 375k. While August of 2008 is purely a guess, I am quite sure that August of 07 wasn’t it.
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