Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
- 1,283
- Banned
- #21
More lies they spread amoungst themselves and only the brain dead buy
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More lies they spread amoungst themselves and only the brain dead buy
More lies they spread amoungst themselves and only the brain dead buy
Huh... I never knew I was a member of a party. Thanks for the update liesmatter. You and the delusional doofus patrol have it aaaaalllll figured out. Got your talking points from Eugene Robinson last night and ready to go I see.They dont believe anything.
Its about nothing but toweing the party line.
http://www.nytimes.com/2010/07/09/business/economy/09rich.html?_r=1
Biggest Defaulters on Mortgages Are the RichBy DAVID STREITFELD
Published: July 8, 2010
More than one in seven homeowners with loans in excess of a million dollars are seriously delinquent, according to data compiled for The New York Times by the real estate analytics firm CoreLogic.
By contrast, homeowners with less lavish housing are much more likely to keep writing checks to their lender. About one in 12 mortgages below the million-dollar mark is delinquent.
http://www.nytimes.com/2010/07/09/business/economy/09rich.html?_r=1
Biggest Defaulters on Mortgages Are the RichBy DAVID STREITFELD
Published: July 8, 2010
More than one in seven homeowners with loans in excess of a million dollars are seriously delinquent, according to data compiled for The New York Times by the real estate analytics firm CoreLogic.
By contrast, homeowners with less lavish housing are much more likely to keep writing checks to their lender. About one in 12 mortgages below the million-dollar mark is delinquent.
the numbers don't add up. The percentage of "rich" is too small to effect the economy in such a big way.
they count on people like you tm. Too dumb to do the math.
"And take a look at the May Existing Home Sales report from that National Association of Realtors.
Just 1.7 percent of all home sales in May were of homes over one million dollars.
That just gives you an idea of how small that marketplace is.
Here's my problem with the thesis of this article: A little less than 14 percent of the loans outstanding in the U.S. are "jumbo," meaning over $417,000, according to government statistics (FHFA). The number of loans that are over $1m are even less than that."
News Headlines
Dear fucking idiot , I posted an article.
Those are not my words.
BTW, where was all your proof of the LIE you spouted that the dems do all this illegal stuff in elections just like the republicans do?
You flat out lied for partisan purposes and refuse to admitt yuou were wrong.
HAHAHAHAHAHAHAHAHAHAHAHA!
They are not defaulting because they cant pay you idiot.
they are defaulting because their property is no longer a good investiment.
Jesus you rightiest are stuupid fucks.
HAHAHAHAHAHAHAHAHAHAHAHA!
They are not defaulting because they cant pay you idiot.
they are defaulting because their property is no longer a good investiment.
Jesus you rightiest are stuupid fucks.
Oh. I see. They are rich and since their property is no longer a good investment they are willing to allow their credit rating to take a dive in an effort to no longer need to pay off their debt. And they are more than willing to lose all they had already paid into the property.
Your logic, or lack thereof, is humorous.
HAHAHAHAHAHAHAHAHAHAHAHA!
They are not defaulting because they cant pay you idiot.
they are defaulting because their property is no longer a good investiment.
Jesus you rightiest are stuupid fucks.
Oh. I see. They are rich and since their property is no longer a good investment they are willing to allow their credit rating to take a dive in an effort to no longer need to pay off their debt. And they are more than willing to lose all they had already paid into the property.
Your logic, or lack thereof, is humorous.
If the property is heavily leveraged and is worth less now than when it was purchased, you can bet your ass they'll walk and credit rating be damned.
You people have your head so far up the rich people ass you cant think straight.
When you have assets you dont need to worry about your credit score you fools.
Jesus you people are stupid.
You people have your head so far up the rich people ass you cant think straight.
When you have assets you dont need to worry about your credit score you fools.
Jesus you people are stupid.
You people have your head so far up the rich people ass you cant think straight.
When you have assets you dont need to worry about your credit score you fools.
Jesus you people are stupid.
Jesus you're stupid.
It doesn't matter how much property you own or how much money you make if your credit is in the toliet.
I used to be a Loan Officer. I know how the system works.