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Nelson0528

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Everything posted by Nelson0528

  1. Gosh, I could almost believe this, if someone could show where this occured... "Iraq told the CBI they are going to print 28 billion dinar ..." Anyone?...
  2. Huh?... I think you missed my point. No worries... Happy Wednesday! Oh, and +1 for the info!...
  3. Supposed to be tomorow the 7th... The UNSC Sanction Chapter numbers are not related to bankruptcy concepts. They are completely different. When they transition out of Ch7, they will enter into Ch6; which will enable the UN to continue assisting them in their recovery, with experienced economic leadership. Nice one Texas1... +1... lol
  4. Thanks yota! This is good news for the citizens of Wasit Province! Now if we can get some more provinces, particularly the ones in the Kurdish region, to follow suit. So frustrating that they cannot get this together on a national scale and move forward. :-/
  5. Thanks UNEEK! Good to see you back in the forum! About the only thing I can agree with on this one, is the last two lines. The rest... well... it is a lot of words... Happy Tuesday!
  6. I concur Capt.! I don't currently believe much of anything the supposed "gurus" are touting. They all mix a decent portion of cow with either a load of bull, or an errant interpretation of what they read. I don't have the answers; but theirs don't seem to have enough cohesion for me to bite off on... That being said though... MAN!... it looks like we are getting to close to something big in the next few weeks... Thanks Ron for bringing it over!
  7. This is no different than what the US did this past year to allow US companies to start negotiating and doing business officially in Iraq (they did not want the US oil companies to be disadvantaged in developing the oil fields and infrastructure in Iraq). It does have to do with UN sanctions that have been removed; but, Iraq has not been transitioned into Ch6 yet. Until the UN meets and formally transitions them, Ch 7 is still the official status of Iraq. The last remaining issues of Ch7 were not related to trade. If they were out of Ch7, then why would Iraq have sent delegates this past week to China, petitioning for their support to finalize the transition to Ch6?... This next UNSC meeting mid-month should prove to be very exciting and revealing... This my opinion mind you; but, think about it... Don't take someone elses opinion without applying some common sense to it first... Due Diligence is the phrase of the day... Happy Tuesday EV1!!!
  8. Remember the Kurds are, and have always been, after a Kurdish state. IMO they are trying their best to utilize this opportunity to help bring that ideal to fruition. While Kurdistan may be a thing of the past; I would bet my bottom dollar that it is still in their eyes to once again return to their former independence and glory. this would have far reaching implications into the neighboring countries. A real disaster from many viewpoints. While I personally would not deny them their unity and freedom as a people; I am hoping they will peacably integrate into the existing geography with a minimum of reprisal and a maximum of regional cooperation. PLUR peeps. Happy Tuesday!
  9. Thanks UNEEK! But, you are supposed to take the garbage out... not bring it in... lol Thanks again for the laugh. Happy Friday!
  10. Actually, it was exactly what I wanted to know. Thanks Wiz! GSE 101 was a total success! +1!
  11. LOL... By Golly you're right! I stand corrected! Happy Thursday!
  12. Thanks Wiz! I cannot pretend to understand all the acronynms and mortgage terms; but, I get the gist that you agree these recruitments are probably not related to the "impending" RV. And actually, I think you clarified for me that I was inaccurate with the FHA reference. It is FAnnie Mae and Freddie Mac that are the insurors. right? REgardless, I think the government is behind most of these activities. At least in some form or fashion. Happy Thursday!
  13. Well, i for one thought it was entertaining. One has to admit... the Bond Lady Chats are really long. I have yet to get all the way through one without having to come back to it with a fresh mind and fresh eyes. AND, BL has a few good points to make; although, I cannot agree with everything she says. Anyway, +1 for you Houston. I don't see any reason to get so many negs for some humor. We ARE in the Rumor section after all...
  14. Thanks for the help. Actually miraj posted a link in another thread that pretty much hits the nail on the head about this stuff. Check it out!
  15. Did i miss something? Aren't we waiting to see what happens starting Feb 1 through mid May? What lie are you referring to?... Do tell... do tell... we love the juicy bits too!... lol
  16. TQ, i hear ya. Just coincidence. This problem with the mortgage industry has been brewing for years; and really, because of government pressure and incentives to lend to less qualified buyers (remember the claim that if they got more people into their own homes the economy would be stimulated through housing production? Brilliant idea...). Biting them in the butt now I would say: and the banks too. Again just another fine example of how our government has failed us. But, that is another story... tommy, Sorry to hear of your struggles. I know there are many people hurting right now, and have been for several years. Thus, this is a relatively sensitive topic. So, I will just say that I know they are modifying many loans throughout the country depending on the type of loan product it is. There are federal guidelines for the modifications and who is eligible. If you are interested, you can read up on the HAMP program that covers FHA loans. Maybe it can help someone before it is too late... THANK YOU miraj!!! That is EXACTLY the type of government intervention that has created the mortgage mess. And yes, the Big Banks will need more mortgage underwriters to handle the load. Definitely NOT RV related. Thanks for the post! +1
  17. Well, it is apparently a recent development with those banks. I don't want to say exactly what he told me; because I cannot prove it, and I do not want to bad mouth any bank in particular without proof. But, supposedly it centered around loans being made without accurately verifying borrowers income and assets. So, now that all these many loans around the country are either in default, or at risk of it, of course FHA and the like are investigating why the numbers are so high. Supposedly they have fined these lenders and are requiring all these changes in the process (not so much changes as mandatory enforcement of prior requirements). But, it appears that these lenders are having to review all those loans and work with the borrowers to modify their mortgages to keep them out of default. I do NOT know any details, only what my friend loosely explained to me as the banks reaction to federal pressure resulting from prior omissions in their responsibilities. Again, maybe someone from the mortgage industry can help verify some of this?...
  18. According to a friend of mine in the Mortgage Servicing Business, these ads for underwriters for the mortgage departments at these various Big banks; is due to some changes they are required to make, to ensure that the government backed loans such as FHA etc. are properly processed, serviced and maintained. Apparently their past history with these types of government insured loans has not been satisfactory for the insurors, and they are now being forced to comply with various regulations to ensure minimum risk for the insurors. It has all piggy backed off of the massive forclosure rates for these loan products and the ensuing liability for the insuring entities (read Federal government). Take it for what its worth; but, I firmly believe that is what is fueling these hiring blitzes. I think they have very little time to appease the insurors and minimize the penalties they, the banks, will be forced to pay out if the problem is not corrected. Maybe someone else in the mortgage industry can confirm this?... hope it was at least of some help in clearing this up. It does not appear to me to be RV related. Thoughts anyone?...
  19. DiiDii, According to a friend of mine in the Mortgage Servicing Business, these ads for underwriters for the mortgage departments at these various Big banks; is due to some changes they are required to make, to ensure that the government backed loans such as FHA etc. are properly processed, serviced and maintained. Apparently their past history with these types of government insured loans has not been satisfactory for the insurors, and they are now being forced to comply with various regulations to ensure minimum risk for the insurors. It has all piggy backed off of the massive forclosure rates for these loan products and the ensuing liability for the insuring entities (read Federal government). Take it for what its worth; but, I firmly believe that is what is fueling these hiring blitzes. I think they have very little time to appease the insurors and minimize the penalties they, the banks, will be forced to pay out if the problem is not corrected. Maybe someone else in the mortgage industry can confirm this?... hope it was at least of some help in clearing this up. It does not appear to me to be RV related. Thoughts anyone?...
  20. Odd... that IS 8inches on MY screen... lol
  21. Thanks for getting this back on track Doc! +1 oops... that's right, this thread has no track... it's one rail shy from the beginning... lol Rogue, thanks for bringing it over though... always sifting for that one good nugget in there.... +1
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