Hmmm... I am not a member of a political spin room Yahoogroup and yet I seem to be getting mail from that group. ;-) PLEASE hit "REPLY" and NOT "REPLY ALL" and FGS!!!!! Change your Yahoogroups preference to "TRADITIONAL" so that those of us in individual e-mails don't have to receive all the garbage added by Yahoogroups.
As a longtime Yahoogroups subscriber, list owner and moderator (many groups over many years) I am telling you now this guy Bruce Majors is nothing but a spamming PEST. He is an incredible pest and often likes to imp other member's IDs. He should be moderated at all times. You have been warned (as if *that* will do any good). CW ----- Original Message ----- From: bruce majors To: [email protected] ; [email protected] ; [email protected] ; [email protected] ; Southern by the Grace of God ; [email protected] Sent: Thursday, March 26, 2009 05:57 Subject: Re: [The Political Spin Room] variable interest rates on mortgage loans As usual your thoughts are superficial The state monopoly currency system created a huge amount of fiat currency and credit and wanted it shoveled somewhere If people with good credit and documented income are already getting loans the only place for it to go is to people with bad credit, no downpayment and unreported income And so that is what was done On Thu, Mar 26, 2009 at 5:49 PM, madtim3bat <[email protected]> wrote: <<No income verification NOT no income.>>-vinni_77024_77024 No income verification is saying you believe the number the person wrote down. An honest person will actually have that income, but we all know that not everyone is honest. It is easy to make little lies. Let's say you sell cars, and your best month your income was $10k. When they ask your monthly income, you write down $10k. You may have only made $20k the rest of the year, so a more realistic monthly income would be $2.5k. --- In [email protected], vinni_77024_77024 <no_re...@...> wrote: > > --- In [email protected], "Jack" <jackwr@> wrote: > > > > On 26 Mar 2009 at 5:16, madtim3bat wrote: > > > > > A lot of these people budgeted for the minimum payment. What they > > > should have done is budget for the maximum payment. If they were > > > wrong, then they would have some extra money. > > > > If brokers and lenders were qualifying borrowers for NINJA loans.. (no income, no job, no assets) > > where do you consider those lenders and borrowers should place those minimum and maximum > > payment expectations? > > There is no such thing as a "NINJA" loan and there never was. No income verification NOT no income. No assets.....yes. But the person had to have a job. > __._,_.___ Messages in this topic (76) Reply (via web post) | Start a new topic Messages | Files | Photos | Links | Polls | Calendar Change settings via the Web (Yahoo! ID required) Change settings via email: Switch delivery to Daily Digest | Switch format to Traditional Visit Your Group | Yahoo! Groups Terms of Use | Unsubscribe Recent Activity a.. 1New Members Visit Your Group Give Back Yahoo! for Good Get inspired by a good cause. Y! Toolbar Get it Free! easy 1-click access to your groups. Yahoo! Groups Start a group in 3 easy steps. Connect with others. . __,_._,___ --~--~---------~--~----~------------~-------~--~----~ Thanks for being part of "PoliticalForum" at Google Groups. For options & help see http://groups.google.com/group/PoliticalForum * Visit our other community at http://www.PoliticalForum.com/ * It's active and moderated. Register and vote in our polls. * Read the latest breaking news, and more. -~----------~----~----~----~------~----~------~--~---
