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SportTrac Discussion
General Sport Trac Discussion
Obama admin pushing banks to offer sub-prime mortgages again...
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<blockquote data-quote="H D" data-source="post: 963086" data-attributes="member: 68494"><p>I continue to contend that they will be the result. I will not qualify it or play any of your word games. My personal analysis is that it will result in sub-prime loans. You can make any sort of qualifying statements about the possibility of me being incorrect if you'd like. I make my assertions and I stand by my statements. If I am proven wrong, I will own up to it, but I won't hide behind phrases like "I said 'maybe' or 'it is likely'.</p><p></p><p></p><p></p><p>If you'll read many of my previous posts, I have repeatedly stated opposition to redlining. I haven't finally done anything. All I've continued to do is repeat myself in differing ways. Of course redlining is wrong. I have never once supported it. That has not been the issue I have been discussing. </p><p></p><p></p><p></p><p>I have been talking about the implications of what the article said is happening. I read articles and then I ask myself, so what is the result of this? Who will be helped? What will be the consequences. I think those questions have been answered in this thread. I appreciate having others to debate these things with. We may not completely agree, but it seems that everyone to varying degrees accepts my premise that the actions of the agencies will (or insert your qualifiers here) result in the lending of sub-prime mortgages. The implications of that (which has started to get mentioned) is for another debate. Thanks for keeping it civil.</p></blockquote><p></p>
[QUOTE="H D, post: 963086, member: 68494"] I continue to contend that they will be the result. I will not qualify it or play any of your word games. My personal analysis is that it will result in sub-prime loans. You can make any sort of qualifying statements about the possibility of me being incorrect if you'd like. I make my assertions and I stand by my statements. If I am proven wrong, I will own up to it, but I won't hide behind phrases like "I said 'maybe' or 'it is likely'. If you'll read many of my previous posts, I have repeatedly stated opposition to redlining. I haven't finally done anything. All I've continued to do is repeat myself in differing ways. Of course redlining is wrong. I have never once supported it. That has not been the issue I have been discussing. I have been talking about the implications of what the article said is happening. I read articles and then I ask myself, so what is the result of this? Who will be helped? What will be the consequences. I think those questions have been answered in this thread. I appreciate having others to debate these things with. We may not completely agree, but it seems that everyone to varying degrees accepts my premise that the actions of the agencies will (or insert your qualifiers here) result in the lending of sub-prime mortgages. The implications of that (which has started to get mentioned) is for another debate. Thanks for keeping it civil. [/QUOTE]
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SportTrac Discussion
General Sport Trac Discussion
Obama admin pushing banks to offer sub-prime mortgages again...
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