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Submarine Sandpaper posted:What bad neighbors Probably on an MUP or something. Not really a neigh-bors issue.
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brugroffil posted:It's possible they weren't really offered another reasonably affordable option They are making 100k, and probably do have other options given their income level, but even if they don't it has been at least 16 months since the kid was born, and they had at least 9 months before the baby to plan for the expense. They could have easily put 5k into an HSA over that time. These people aren't poor, they are just irresponsible. therobit fucked around with this message at 04:26 on Nov 28, 2018 |
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Nov 28, 2018 04:07
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BWM: the tax policy thread.
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Nov 28, 2018 07:07
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UCS Hellmaker posted:Bitcoins furries and cammers I though A/T already had a name.
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Nov 28, 2018 15:42
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Krispy Wafer posted:using student loans to pay for that stuff. Someone braver than me should should hunt up fur suits paid for with student loans on reddit.
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Nov 28, 2018 16:20
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Splicer posted:I tried and found this on livejournal instead LOL close enough. This poor kid hasn't got a chance.
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Nov 28, 2018 20:36
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kimbo305 posted:Is 3% mortgage reasonable in CA? Edit: I thought CA was California. therobit fucked around with this message at 00:43 on Nov 29, 2018 |
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Nov 28, 2018 22:58
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FAUXTON posted:Bitcoin probably lmao I guess cocaine and strippers is a little optimistic these days. What is the world coming to when a young man in his prime blows 9 grand on the blockchain instead of drugs and debauchery?
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Nov 29, 2018 15:59
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Bird in a Blender posted:I'm assuming that few million is just part of a much larger advertising budget? Is there any way to determine how much influence these people even have? They don't foreclose after 2 missed payments.
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Nov 29, 2018 23:54
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Vox Nihili posted:Sever. And probe yourself.
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Nov 30, 2018 08:40
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Nocheez posted:Every diamond is a conflict diamond once you're married.
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Nov 30, 2018 15:55
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AndrewP posted:Holy poo poo. lmao at hiring literally the first random hobo you run into to completely renovate your crackhouse That's my favorite part of this story every time it is posted. "Oh look a crackhead on a bicycle! He seems like he'd be better for the job than the actual contractors I talked to!"
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Dec 7, 2018 04:03
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Liar loans were just fine when they were only for borrowers with grade A credit. The problem came in when we gave them to people with grade D credit.
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Dec 17, 2018 08:35
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GoGoGadgetChris posted:https://www.cnbc.com/2014/11/07/a-start-up-that-wants-to-make-atms-obsolete.html LOL no way this passes regulatory scrutiny. Holy poo poo. I eagerly await Fauxton's scathing commentary.
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Dec 17, 2018 08:49
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OneTruePecos posted:IOW, liar loans were fine when they were for people who didn't need a liar loan. SISA/NINA are fraud-by-design and Mozilo should be under the jail. Some people have income streams that fall outside of what traditional underwriting models account for and therefore documenting the income, while possible, can be a real pain in the rear end for both the borrower and the underwriter People who have seasoned credit and a high credit scores nearly always make their payments, regardless of how the rest of the loan looks on paper when it comes to DTI. Especially if the collateral is their primary residence.
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Dec 17, 2018 20:18
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OneTruePecos posted:Yeah, I know. This is always the company line justifying liar loans. FICO and LTV gets you like... 90% of the way there in a mortgage risk model based solely on borrower attributes. What it doesn't tell you is how risky that borrower is in a different borrowing climate, like if, say, interest rates change, or unemployment spikes. Then you need accurate information on income and assets, not just some poo poo the broker told them to write down to pass underwriting. Many types of credit don't require income docs. Which is OK on A credit but not on D credit. Also borrowers with A credit and verified income with low DTI will also default under certain circumstances. If I walk out there and get creamed by a bus and become a quad, my payments won't get made anymore. Short of that, they probably will. The risk models don't assume 0% default rate, and expecting 0% defaults in any market is foolhardy. Credit and LTV will get you a lot farther than 90%. If stated income loans had remained a product only offered on A credit ir would have bein fine.
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Dec 17, 2018 22:06
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SiGmA_X posted:Let go. Now what? Thus first one is either BWM or just really sad depending on the numbers. Some people just aren't making enough to save.
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Dec 21, 2018 07:47
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My drycleaner always provided plastic stays for free when I still worked in an environment that called for them. Although for everyday wear I grew to like oxford shirts anyway.
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Dec 23, 2018 03:18
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TVsVeryOwn posted:Should I marry my car, which I have legally redefined to be my horse, to save on import fees? If you marry it, then it gets legally redefined again to be your spouse, but then it has to go through the immigration process. This could take years and thousands of dollars in plane tickets and attorney's fees. I would stick with your car being a horse because then it's just a quarantine for a couple of weeks and a visit to the vette.
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Dec 24, 2018 03:42
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Mameluke posted:People who say "my attorney isn't helping me" are, without exception, functionally illiterate morons too wrapped up in their unmerited, Teflon-clad sense of self-worth to acknowledge that the Crown won't just "drop the charges" because they "didn't do it" (they did) Pretty much like the wife of the embezzler in season 1 of "Better Call Saul."
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Dec 24, 2018 20:34
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Vox Nihili posted:Lol @ the people moralizing at this guy in the comments for considering default. Will someone please think of the banks!!!! As a banker who used to do the underwriting, I wish we could dispense with the moralizing around ruthless defaults. Businesses do it all the goddamn time. I won't lend you money if you have done it in the past, but that is a business decision the same as your decision to default was. Buy the ticket, take the ride. Some percentage of borrowers will default, and we know that going in. If too many people are doing it, then we need to update our risk models.
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Dec 27, 2018 20:57
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BEHOLD: MY CAPE posted:Lol the Green Bay Packers sticker decorated cat statue is possibly the worst object that has ever existed A green bay packers fan that likes cat statues might be the worst type of sports fan that has ever existed.
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Dec 27, 2018 20:59
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Murderball posted:I'm a Patriots and Red Sox fan So, you're a Masshole, in other words.
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Dec 28, 2018 06:31
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Krispy Wafer posted:I think about buying an older car from the 70's and then realize I'd like a fuel injector, an emissions system worth a drat, decent gas mileage, and to live through a 35mph crash. Older cars look really cool, carbs have character, emissions won't affect you personally, and living through a 35 mph crash is totally overrated. Pay up your life insurance and it becomes GWM for your beneficiary!
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Jan 1, 2019 18:53
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