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re: Investor starts new North BR home ownership program
Posted on 2/21/18 at 5:37 pm to financetiger
Posted on 2/21/18 at 5:37 pm to financetiger
You do realize that Aegis bought prime rate mortgage-backed securities. They then set up a commercial lending arm with the remnants of UC Lending. Then they hamstrung all the workers trying to make loans and would only buy high-quality paper so they would have marketable assets to sell. Yeah, he's very smart. UC was the original financial crisis, he was a big part of that.
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Posted on 2/21/18 at 6:02 pm to BRIllini07
This isn’t a zero sum game. It would be great if ownership and development started to take root in NBR. It’s helpful for the entire area. I hope the program is widely successful.
Posted on 2/21/18 at 6:05 pm to tigers win2
quote:
This isn’t a zero sum game. It would be great if ownership and development started to take root in NBR. It’s helpful for the entire area. I hope the program is widely successful.
I agree, but who's on the hook if it fails?
Posted on 2/21/18 at 6:06 pm to BRIllini07
This sounds extremely familiar
Posted on 2/21/18 at 6:07 pm to jimbeam
Posted on 2/21/18 at 6:13 pm to upgrayedd
quote:
This isn’t a zero sum game. It would be great if ownership and development started to take root in NBR. It’s helpful for the entire area. I hope the program is widely successful.
I agree, but who's on the hook if it fails?
The group that profits if it works. As it should be.
Now it will be funny/ ironic when NBR residents start to complain that they are being priced out due to increasing property values if these types of programs start to work. The old be careful what you wish for saying.
Posted on 2/21/18 at 6:17 pm to BRIllini07
Lehman Bros all over again.
Posted on 2/21/18 at 6:18 pm to tigers win2
quote:
The group that profits if it works. As it should be.
I guess I'm just curious as to why/how someone would take a risk like this.
quote:
Now it will be funny/ ironic when NBR residents start to complain that they are being priced out due to increasing property values if these types of programs start to work. The old be careful what you wish for saying.
I think the "they didn't tell us what we were signing because we're black" scenario is much more likely.
Posted on 2/21/18 at 6:21 pm to BRIllini07
Sounds eerily familiar.
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