Comments on: The Skinny on Sub-Prime Loans http://queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/ We're here, We're queer, and We're not going Shopping without Coupons Thu, 18 Mar 2010 03:42:20 -0700 http://wordpress.org/?v=2.9.1 hourly 1 By: Queercents » Blog Archive » Regulators Should Bring Back Glass-Steagall http://queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/comment-page-1/#comment-146570 Queercents » Blog Archive » Regulators Should Bring Back Glass-Steagall Tue, 29 Jul 2008 20:03:00 +0000 http://www.queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/#comment-146570 [...] Wachovia, and all other commercial banks that have been stung because of their involvement in this sub prime business would have not been allowed to have been involved in these Securities. And thus the damage would [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-146570">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] Wachovia, and all other commercial banks that have been stung because of their involvement in this sub prime business would have not been allowed to have been involved in these Securities. And thus the damage would [...]

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]]> By: Queercents » Blog Archive » Keeping it Simple during an Economic Downturn http://queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/comment-page-1/#comment-127872 Queercents » Blog Archive » Keeping it Simple during an Economic Downturn Thu, 15 May 2008 22:27:35 +0000 http://www.queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/#comment-127872 [...] human emotion of wanting more and more right now, is what has caused Bear Stearns to collapse, the sub prime mess, and most other current economic [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-127872">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] human emotion of wanting more and more right now, is what has caused Bear Stearns to collapse, the sub prime mess, and most other current economic [...]

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]]> By: Queercents » Blog Archive » Queercents Weekly Roundup: Crisis! http://queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/comment-page-1/#comment-88520 Queercents » Blog Archive » Queercents Weekly Roundup: Crisis! Sat, 15 Dec 2007 13:10:48 +0000 http://www.queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/#comment-88520 [...] Rehash: The Skinny on Subprime Loans: Just in case you need a primer–I’m not going to lie, I had to Wikipedia all this [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-88520">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] Rehash: The Skinny on Subprime Loans: Just in case you need a primer–I’m not going to lie, I had to Wikipedia all this [...]

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]]> By: Queercents » Almost Debt Free: Good Debt vs. Bad Debt http://queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/comment-page-1/#comment-39901 Queercents » Almost Debt Free: Good Debt vs. Bad Debt Tue, 15 May 2007 15:57:24 +0000 http://www.queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/#comment-39901 [...] Good debt falls into a bit more of a gray area. Take current real estate market conditions, for example. Nina pointed out that many sub-prime borrowers are hurting significantly from their home loans, while I discussed that home values are stagnating or even depreciating in some parts of the country. Auto loans are another gray area. It's a necessary expenditure for some, but there is risk for driving too much car. I'll talk more about managing good and gray debts later in this series. [...]<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-39901">0</span> <small>(to vote for this comment, please visit the site)</small></p> [...] Good debt falls into a bit more of a gray area. Take current real estate market conditions, for example. Nina pointed out that many sub-prime borrowers are hurting significantly from their home loans, while I discussed that home values are stagnating or even depreciating in some parts of the country. Auto loans are another gray area. It’s a necessary expenditure for some, but there is risk for driving too much car. I’ll talk more about managing good and gray debts later in this series. [...]

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]]> By: John http://queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/comment-page-1/#comment-26909 John Tue, 27 Mar 2007 16:51:05 +0000 http://www.queercents.com/2007/03/27/the-skinny-on-sub-prime-loans/#comment-26909 Wow, wonderful article! I really do worry about how the cooling of the once white-hot real estate market in California will affect the economy. It's ridiculous how unaffordable homes have become here. I'm not quite sure how new home buyers can handle their mortgage payments, let alone sub-prime borrowers. One of my company's biggest clients is a sub-prime mortgage lender. If the real estate market tanks anymore, the legal profession will be in trouble too.<p class="top-comments">Current score: <span class="top-comments-karma" id="karma-26909">0</span> <small>(to vote for this comment, please visit the site)</small></p> Wow, wonderful article!

I really do worry about how the cooling of the once white-hot real estate market in California will affect the economy. It’s ridiculous how unaffordable homes have become here. I’m not quite sure how new home buyers can handle their mortgage payments, let alone sub-prime borrowers.

One of my company’s biggest clients is a sub-prime mortgage lender. If the real estate market tanks anymore, the legal profession will be in trouble too.

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