Please Scroll Down to See Forums Below rsnoble-im-back
Banned
Don't worry about it. We're all dead anyhow.
why haven't home mortgage rates dropped???
- Thread starter rnch
- Start date
I can confirm this as well.
You ask a question and people give great answers to you,
then rant with useless dribble about how mortgage rates should be at 2% or something
banks and the goverment can't go lending money 100's of thousands of dollars and not make any money
You gonna work for free?
BTW, the bailout was to wipe the dead loans off their balance sheets, to prop banks back up and make them able to lend again (which isn't easy these days, gotta have great credit)
then rant with useless dribble about how mortgage rates should be at 2% or something
banks and the goverment can't go lending money 100's of thousands of dollars and not make any money
You gonna work for free?
BTW, the bailout was to wipe the dead loans off their balance sheets, to prop banks back up and make them able to lend again (which isn't easy these days, gotta have great credit)
ort, since when are you a banker?
Since, always! I'm the jack of all trades bro.
@ VA Loans, what a scam...
jnevin
New member
we (the taxpayers) give OUR tax dollars to bail out these financial giants and get NOTHING back in return....
I understand you have some sort of sense of entitlement to a handout. It must be a result of being a New Orleans resident. But you tell me why financial institutions should operate at a loss just to make some people happy. You want them to crash harder?
we (the taxpayers) give OUR tax dollars to bail out these financial giants and get NOTHING back in return....
They needed the cash to stay afloat.
Forced, blanket lending is what got them into this mess in the first place.
no.. i expect them to go out of business if they are not profitable.. but they didn't do that.. they begged for an interest free loan, grant/gift so that the ceo could get $100,000,000 bonus and the company then goes out of business..
