patrick.net

casandra says

But is the new political party in Ukraine in control,of the Ukranian military yet? I have been wondering that. Any answers to this.

So far looks like it is in control.

I love this Putin guy: he's like me, but with smaller labor camps and better media managers.

Plus, right-wing Americans love him!

Call it Crazy says

I wonder who wins in this duel???

http://www.youtube.com/embed/Cn8FPOt2uZM

jojo says

Yes, but I think there is a 43% DTI rule that is now in place. So there are limits to the credit expansion.

The qualified mortgage rule attempts to define “safe” lending standard. The general number to remember here is 43%, which is the maximum debt-to-income ratio to qualify for a loan.

As with anything in the mortgage industry, the small text is a bit more complicated.

“The 43% debt ratio is what everybody has latched onto,” said Central Coast Lending owner Daniel Podesto. “There is a big ‘or’ that goes into that statement as well.”

“The loan has to be ‘qualified’, or meet Fannie, Freddie, or FHA standards.”

As Podesto goes on to explain, Fannie and Freddie qualifying loans can go up to a 50% DTI (with approval), FHA will go up to 57%, and VA will go to 60%. HARP loans go even higher.

Lenders that fail to meet these threshold will be subject to a 5% stake in the loan before selling it on the secondary market, which gives them incentive to manage risk effectively.

http://www.centralcoastlending.com/2013/10/mortgage-rules-2014-fees-cap-qualified-mortgage-loans-expensive/

Idiotic

Obama does a lot of warnings, most are PR stunts for the public, since often those being warned are well aware of the emptiness in the actions behind words.

He's been acting like a king lately, not exactly someone who is taken seriously diplomatically. I just don't like that he has taken that attitude with us too, I don't care what he says to others... but he hasn't been treating America any better.

jojo says

This is what our country has become, paper pushers and gamblers looking for the next fix...(er...I mean innovation).

Very true, just by looking at the market cap data in the below link, the financial sector makes up 33% of the the total capitalization of the markets.

http://biz.yahoo.com/p/s_mktu.html

Follow the money.

Iosef V HydroCabron says

Plus, right-wing Americans love him!

Oh we love anybody who keeps Obama in his place...

Obama should ask Bush for help with Ole Puttie Poo.

Substitute realtors with left wing politicians (nancy pelosi, f u schumer, barbara boxer) and I will buy.

bgamall4 says

Now the only way house prices won't crash is if they do the easy money loan thing again. They can do that, drive prices up, crash the hell out of it and the investors will come back.

Life is a bitch.

Nope...will never happen the Banks are absolutely with out a doubt 110% still totally insolvent ...that would be the final straw for this fragile economy!

It could be called Grand Theft Realtor!

If you chainsaw nuns, you get bonus points!

Why the dollar will not crash

1. USA has energy and food independence
2. USA has strong national security
3. Interest rates will remain low while the deficits shrink
4. Inflation causes the debt to decrease relative to tax revenues
5. Increase in tax revenues due to increase in capital gains tax receipts
6. Eventual pay down of the debt in a few years because of the above conditions

Ceffer says

If you chainsaw nuns, you get bonus points!

What do you get if you slice pelosi in half?

indigenous says

Ceffer says

If you chainsaw nuns, you get bonus points!

What do you get if you slice pelosi in half?

You wouldn't want to do that, she might multiply.

A wood chipper feeding and incinerator might work.

Banks insolvency problem will be solved by the Federal Reserve providing further quantitative easing.

bubblesitter says

Waiting for the next comment. "The zerohedge guy is an idiot"

Ok I'll say it. Going from 5% to 8% then back to 5% isn't blowing a bubble then crashing or anywhere close. Get a grip. They grabbed all the low hanging fruit and are now trying (pretty unsuccessfully so far) to consolidate and manage what they bought.

Call it Crazy says

President Barack Obama expressed deep concern Friday over reported military activity inside Ukraine by Russia and warned "there will be costs"

Yeah, I'll stomp my feet up and down, I'll cry and I'll un-friend you on Facebook. Yup, that'll show that Putin guy.

CaptainShuddup says

Obama should ask Bush for help with Ole Puttie Poo.

You mean help from the guy who said - and I quote:

"I looked the man in the eye. I found him to be very straight forward and trustworthy and we had a very good dialogue.

"He's a man deeply committed to his country and the best interests of his country and I appreciate very much the frank dialogue and that's the beginning of a very constructive relationship," Mr Bush said.

http://news.bbc.co.uk/2/hi/1392791.stm

Wasn't Bush able to resolve the Georgia conflict, with out it being a big stink?

Youre kinda wacky(well a lot wacky), but I have to admit, the UC boss show makes my fiance tear up and gets to me a bit. The Sandy Hook interviews leave me with nothing. In fact if I was involved in something tragic like that, I can't imagine any scenario where I'd speak to the media, or anyone other than investigators in the aftermath.

jojo says

the prices are still too high even if people wanted to buy...

True.

adarmiento says

Banks insolvency problem will be solved by the Federal Reserve providing further quantitative easing.

Time for the peasants to revolt against the feds, in the way they are most afraid of: DON'T BUY!. Time for sanctions and boycotts against the most currupt institution to have ever attempted to destroy our great republic. Time to show we are not ignorant peasants, but tenacious citizens of the Republic, and the people of this country have made greater sacrifices in the attempt to preserve our democratic republic than something as simple as resisting the urge to buy. Not buying from corrupt corporations and not buying into this housing scheme is the first step towards loosening the power hold the feds have on our once great republic.

Call it Crazy says

FortWayne says

Obama does a lot of warnings, most are PR stunts for the public, since often those being warned are well aware of the emptiness in the actions behind words.

Yeah, now it's time for Obama to send Putin a "very" stern warning.... That should put Putin in his place...

At least Bush was bright enough to put people in charge who actually knew what they were doing..whether you agree with them or not is another matter. But Rice, Powell, Cheney, Rumsfeld, et al are all expert in foreign affairs.

Clinton, Hagle, Kerry(ugh), et al....not so much.

JH says

The qualified mortgage rule attempts to define “safe” lending standard. The
general number to remember here is 43%, which is the maximum debt-to-income
ratio to qualify for a loan.

Does not matter, the banks need to lend and will find ways around these faux standards as they have always done.

Do you get bonus points for leaving a steaming pile of crap on the carpeted floor of the living room?

if russia invades the ukraine "there will be consequences"

there are ALWAYS consequences, but for who?

and usually we don't know what the consequences will be "while we are doing IT"

jojo says

why is that idiotic?

This is what I was referring to as idiotic:

JH says

As Podesto goes on to explain, Fannie and Freddie qualifying loans can go up to a 50% DTI (with approval), FHA will go up to 57%, and VA will go to 60%. HARP loans go even higher.

Analyzer says

Does not matter, the banks need to lend and will find ways around these faux standards as they have always done.

Yeah that was my point...see previous post. It's insane how the 43% (and the former 28/35%) mean nothing!!

jojo says

Maybe thats the whole point of the exercise.

I think it is also to pretend there are consumer protections in place?

What about the Russian medical students in the Ukraine? They are in danger and something must be done to save them!

dodgerfanjohn says

Call it Crazy says

FortWayne says

Obama does a lot of warnings, most are PR stunts for the public, since often those being warned are well aware of the emptiness in the actions behind words.

Yeah, now it's time for Obama to send Putin a "very" stern warning.... That should put Putin in his place...

At least Bush was bright enough to put people in charge who actually knew what they were doing..whether you agree with them or not is another matter. But Rice, Powell, Cheney, Rumsfeld, et al are all expert in foreign affairs.

Clinton, Hagle, Kerry(ugh), et al....not so much.

Cheney, Rumsfeld and the other clowns totally mismanaged the Iraq war. They had no plans for an insurrection, and were caught looking as clueless as they were. Absolute bozos.

Perhaps they will leave if Obama threatens to make them participate in Obamacare.

Iosef V HydroCabron says

I love this Putin guy: he's like me, but with smaller labor camps and better media managers.

https://www.metabunk.org/threads/debunked-sandy-hook-victims-not-in-social-security-death-index.3186/

Are you going to remove this comment ?

Clinton was a bozo.

bush Sr was a bozo

Reagan was a bozo

Carter was a bozo

Ford was a bozo

Nixon was a bozo

Johnson was a bozo

Kennedy was a bozo

Etc.

See how that works?

Can I be in the end of video game to fuck you in the ass and gain back victory for the REALTORs?

And the satanic way that houses are sold by REALTORs are once again in effect thanks to me?

Can you include Satan worshipping by me and REALTORs in the video game?

so it looks like we only get to choose from bozos. i guess anyone who isn't a bozo will never make it to the primary election ! but i guess most of the persons in the US qualify to be president.

APOCALYPSEFUCKisShostikovitch says

No.

I understand. I'm winning in real life and you need a fantasy to pretend I'm not.

I'm very sorry to ask. It was inappropriate of me. You can create the video game featuring me being fucked in the ass. It's the least I can do... Considering how many lives I've destroyed in real life and I'm still free and not in handcuffs wearing a wedding dress.

dodgerfanjohn says

But Rice, Powell, Cheney, Rumsfeld, et al are all expert in foreign affairs.

Wow. Somebody actually thought that sentence, and then typed it.

Right-wing theology is something to behold.

How many more times would they have to fuck up before you would decide they sucked?

CaptainShuddup says

Iosef V HydroCabron says

Plus, right-wing Americans love him!

Oh we love anybody who keeps Obama in his place...

As Obama has adopted right-wing policies, you reject them. Obama hatred comes above political principles.