tag:blogger.com,1999:blog-14041107.post7201064284837553739..comments2024-01-24T13:48:22.659-08:00Comments on DADvocate: Why There Are Mortage ProblemsDADvocatehttp://www.blogger.com/profile/04621021178600799126noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-14041107.post-70648701596881028632009-02-24T10:35:00.000-08:002009-02-24T10:35:00.000-08:00Good points, Yobachi. I consider much of this bank...Good points, Yobachi. I consider much of this banking failure to be regulatory failure. Indeed, in some ways government was encouraging bad banking and financial practices. Eventually it caught up with all of us.DADvocatehttps://www.blogger.com/profile/04621021178600799126noreply@blogger.comtag:blogger.com,1999:blog-14041107.post-63921444402799337392009-02-23T10:26:00.000-08:002009-02-23T10:26:00.000-08:00In most cases their original payment was much lowe...In most cases their original payment was much lower than what it balooned to be at above that 31%<BR/><BR/>Most of them I didn't understand the concept of a balloon payment, didn't realize how much it was going to balloon, or didn't even know it was in their because all they knew is that they were getting a house and didn't bother to read. <BR/><BR/>But the fact that most people are this ignorantYobachihttps://www.blogger.com/profile/16151249328042613857noreply@blogger.comtag:blogger.com,1999:blog-14041107.post-58430968597659946632009-02-21T09:19:00.000-08:002009-02-21T09:19:00.000-08:00I mean, Really! as in "Yes, really! I agree!"Wish ...I mean, Really! as in "Yes, really! I agree!"<BR/><BR/>Wish I could include tone and inflection in typing.DADvocatehttps://www.blogger.com/profile/04621021178600799126noreply@blogger.comtag:blogger.com,1999:blog-14041107.post-48196062798838131852009-02-21T09:18:00.000-08:002009-02-21T09:18:00.000-08:00Really.Really.DADvocatehttps://www.blogger.com/profile/04621021178600799126noreply@blogger.comtag:blogger.com,1999:blog-14041107.post-33135535153872648892009-02-21T08:46:00.000-08:002009-02-21T08:46:00.000-08:00It's infuriating, isn't it? I guess I should have ...It's infuriating, isn't it? I guess I should have gone ahead and bought my dream house instead of buying sensibly.Marbelhttps://www.blogger.com/profile/03396985630486715494noreply@blogger.com