“lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.”

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“lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.”

mattkime Offline

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#25

09-22-2008, 11:31 AM

Black Landlord wrote:
Anyways, you make it sound like not having "training" in finances absolves a consumer from having to make decisions within their budgets.

Well, if we're trying to achieve home ownership for everyone, its going to include quite a few people who don't know how to live within their means.

Sure, it would be nice if people truly understand their mortgage but i don't think thats realistic goal. they have to rely on experts. the bank used to play the expert role but they switched once there was money simply in getting someone to sign the papers.

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“lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-21-2008, 10:18 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-21-2008, 11:22 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-21-2008, 11:31 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mstudio - 09-21-2008, 11:54 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-21-2008, 01:22 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-21-2008, 01:23 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Lux Interior - 09-21-2008, 01:31 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by rgG - 09-21-2008, 02:38 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Seacrest - 09-21-2008, 03:54 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by DaveS - 09-21-2008, 04:05 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Wags - 09-21-2008, 04:42 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-21-2008, 10:09 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-21-2008, 10:10 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mattkime - 09-22-2008, 01:08 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by MacMagus - 09-22-2008, 02:45 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-22-2008, 03:19 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by vision63 - 09-22-2008, 05:35 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-22-2008, 06:08 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by vision63 - 09-22-2008, 06:18 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-22-2008, 06:24 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by vision63 - 09-22-2008, 07:10 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-22-2008, 07:15 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Lux Interior - 09-22-2008, 08:01 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-22-2008, 08:46 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mattkime - 09-22-2008, 11:31 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by billb - 09-22-2008, 12:20 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mikeylikesit - 09-22-2008, 12:37 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Lux Interior - 09-22-2008, 01:30 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by rgG - 09-22-2008, 02:02 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Lux Interior - 09-22-2008, 02:08 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-22-2008, 02:26 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by DaveS - 09-22-2008, 03:48 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by mattkime - 09-22-2008, 07:57 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Seacrest - 09-22-2008, 10:03 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by DaveS - 09-22-2008, 10:55 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Black Landlord - 09-23-2008, 03:41 AM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by Seacrest - 09-23-2008, 08:49 PM

Re: “lax lending practices earlier this decade led to irresponsible lending and irresponsible borrowing.” - by vision63 - 09-23-2008, 11:58 PM

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