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I was told they don't foreclose on people who are current on their mortgage

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  • Kaepsknee
    Kaepsknee Member Posts: 14,919
    CirrhosisDawg said:

    What happens when banks mark loans to market and LTV is 100% or more GayBob? What does that do to loan the bank’s loan loss reserves? Balance sheet? How do regulators score those loans GayBob? Did you ever think of that while waiting in the ER? Why won’t you ever answer my questions?

    Finally. A reverse mortgage expert weighs in on this.
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  • MikeDamone
    MikeDamone Member Posts: 37,781
    Holy shit you’re dumb
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  • SFGbob
    SFGbob Member Posts: 33,215
    salemcoog said:

    CirrhosisDawg said:

    What happens when banks mark loans to market and LTV is 100% or more GayBob? What does that do to loan the bank’s loan loss reserves? Balance sheet? How do regulators score those loans GayBob? Did you ever think of that while waiting in the ER? Why won’t you ever answer my questions?

    Finally. A reverse mortgage expert weighs in on this.
    Now that was funny.
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  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 116,046 Founders Club
    Whenever they trot someone old and trusted like Tom Selleck out there to rob from seniors you should take a moment to think before you sign your house away


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