SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: loantech who wrote (767)9/15/2003 4:01:15 PM
From: dave rose  Read Replies (1) | Respond to of 110194
 
The people who have taken on too much debt for the last 15 years have made out pretty well. The next 15 may be a different story.

<<<<people taking on way too much debt>>>>>



To: loantech who wrote (767)9/17/2003 3:05:09 AM
From: Pink Minion  Read Replies (1) | Respond to of 110194
 
>> sense out the window with the "new and enhanced" underwriting standards.

Was there some law passed here or are you just joking? A family member who has done mortgages for 12 years can't believe the laxed requirements for getting a loan now. He writes loans for people with 2 bankruptcies and currently late on payments. One guy had 90K in credit card debt. He routinely sees 40-50K credit cards debts. It's like you have to be unemployed to get rejected for a loan.