Alt A and Option ARM loans - DFWstangs Forums
 
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post #1 of 5 (permalink) Old 12-16-2008, 05:07 PM Thread Starter
Lifer
 
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Alt A and Option ARM loans

I had not heard of these loans until this video. Are we about to see millions more homeless in America? Thoughts.


None are more hopelessly enslaved than those who falsely believe they are free --Johann Wolfgang von Goethe
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post #2 of 5 (permalink) Old 12-16-2008, 05:19 PM
Married Man on 14Feb2010
 
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We had people that got loans on their McMansion with a teaser rate of 1% and they paid only interest, of course they could not afford the loan.

This is a reason that the FED needs, hopes and prays that they can get house prices going back up.
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post #3 of 5 (permalink) Old 12-16-2008, 05:21 PM
Lifer
 
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tint city usa,coming to a nieghborhood near you.

RON PAUL '08
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post #4 of 5 (permalink) Old 12-16-2008, 05:27 PM
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Quote:
Originally Posted by fast83
tint city usa,coming to a nieghborhood near you.

You think they will do 5% limo tint if you pay cash.

TRAIN TRASH it's like WHITE TRASH but with money.

My other vehicle is a Locomotive.

Don't cupple up without protection.
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post #5 of 5 (permalink) Old 12-16-2008, 06:15 PM
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Quote:
Originally Posted by FreightTrain
You think they will do 5% limo tint if you pay cash.

LMAO! I hope so


that way you can hide all your junk in the car, cause youll be living out of it.
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