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2023-04-20 Government Corruption

Disaster! Good Credit Rating Means You Pay for Risky Homebuyers

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Posted by Besoeker 2023-04-20 01:45|| || Front Page|| [4 views ] Top

#1 Nothing new here. I've had UMM (Uninsured Mexican Motorist) coverage for decades.

Posted by Besoeker 2023-04-20 01:49|| 2023-04-20 01:49|| Front Page Top

#2 ^ snark of the day. Good one there kiddo!.

Posted by Dale 2023-04-20 03:48|| 2023-04-20 03:48|| Front Page Top

#3 Biden rule will redistribute high-risk loan costs to homeowners with good credit

Posted by Skidmark 2023-04-20 08:44|| 2023-04-20 08:44|| Front Page Top

#4 I remember the sub-prime mortgage lending that created a real crisis. This is a way to avoid that by making frugal people pay for the ones who don't know how or don't want to. They have to make all people equally poor. Equity.

Posted by Deacon Blues 2023-04-20 10:10|| 2023-04-20 10:10|| Front Page Top

#5 Yeah. We know.

And the Hospital.
And the Dentist.
Loss is figured into store prices for risky shoppers.
Taxes for social services.
I deal with deadbeat accounts all the time and will probably write off a car's worth. again.

In fact, I'd be curious how much the honest person pays per year on such losses.

Posted by swksvolFF 2023-04-20 11:03|| 2023-04-20 11:03|| Front Page Top

23:39 Skidmark
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