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MBruns for President
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So what the he&* happend to PMI?
Private mortgage insurance = PMI
For all these doodleheads in exotic loans for houses that have defaulted. YOu can't tell me that all the defaulted loans had more than 20% and no PMI. I know it's probably easier for the tax payers to pick up the cost - but what happened to PMI and why is that no mitigating some of these loses??? First we have the Iraq war and supposedly the oil we get from Iraq for saving their hides from Saddam was supposed to pay for the war and now PMI which is supposed to insure the bank if the mortgage defaults. WTF??
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Current Whip: - 2003 996 Twin Turbo - 39K miles - Lapis Blue/Grey Past: 1974 IROC (3.6) , 1987 Cabriolet (3.4) , 1990 C2 Targa, 1989 S2 |
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10-01-2008, 10:26 AM
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(the shotguns)
Join Date: Feb 2006
Location: Maryland
Posts: 21,915
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Huh, funny you don't hear anything about that isn't it.
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***************************************** Well i had #6 adjusted perfectly but then just before i tightened it a butterfly in Zimbabwe farted and now i have to start all over again! I believe we all make mistakes but I will not validate your poor choices and/or perversions and subsidize the results your actions. |
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10-01-2008, 10:31 AM
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Registered
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2022 BMW 530i 2021 MB GLA250 2020 BMW R1250GS |
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10-01-2008, 11:07 AM
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MBruns for President
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Doh - didn't see that - I guess we are on the same wavelength
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Current Whip: - 2003 996 Twin Turbo - 39K miles - Lapis Blue/Grey Past: 1974 IROC (3.6) , 1987 Cabriolet (3.4) , 1990 C2 Targa, 1989 S2 |
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10-01-2008, 11:21 AM
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Gone to California
Turbo
Only Porsche
Only bike
