BlackPearl

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Posts by BlackPearl

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  37

  Are you a victim of the Sub Prime lending fiasco?

  by katiekitten in

  1. jw
  2. friends

  ive been reading some terrible reports about the american mortgage market, and the subprime mortgages aimed at people with poor credit ratings and poor ability to pay.

  (and of course poor ability to understand complicated and deliberately obscure contracts).. frankly the whole thing is exploitation in the extreme, imo.

  there was one report on the bbc about how poor black areas were targetted, and people were given an introductory offer of 1% and not told that this offer lasted only one month before ballooning to 17 or 18%.

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  BlackPearl

  I still ask the question, why, if all that money is being made, would a lender intentionally lend to someone they know is going to default? YOU can't answer that question because there is no logical answer to that question. YOU can't blame it on anyone but the borrower for defaulting....even though you would like to try. The promblem is...in this day and age...noone wants to take responsibility for their actions, so they pass the buck onto the next guy.

  It's now become commonplace to place the blame on everyone but yourself. And as long as our society allows this kind of thinking, we will continue on the path of "Blame the next guy for my problems."

  BP
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  37

  Are you a victim of the Sub Prime lending fiasco?

  by katiekitten in

  1. jw
  2. friends

  ive been reading some terrible reports about the american mortgage market, and the subprime mortgages aimed at people with poor credit ratings and poor ability to pay.

  (and of course poor ability to understand complicated and deliberately obscure contracts).. frankly the whole thing is exploitation in the extreme, imo.

  there was one report on the bbc about how poor black areas were targetted, and people were given an introductory offer of 1% and not told that this offer lasted only one month before ballooning to 17 or 18%.

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  BlackPearl

  Let's use some common sense here...why would any lender lend to someone who they KNOW is going to default on a loan? Don't you think the lender is going to lose money on those loans? Does this make any sense? Some people here should stop and think for a minute how stupid some of their comments are.

  BP
• 
  37

  Are you a victim of the Sub Prime lending fiasco?

  by katiekitten in

  1. jw
  2. friends

  ive been reading some terrible reports about the american mortgage market, and the subprime mortgages aimed at people with poor credit ratings and poor ability to pay.

  (and of course poor ability to understand complicated and deliberately obscure contracts).. frankly the whole thing is exploitation in the extreme, imo.

  there was one report on the bbc about how poor black areas were targetted, and people were given an introductory offer of 1% and not told that this offer lasted only one month before ballooning to 17 or 18%.

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  BlackPearl

  As a mortgage lender...I can tell you that not all mortgages are evil. Adjustable mortgages have been around for many years, global economies change, jobs are lost, etc.. However, the majority of the problem IS the adjustments that are occuring in home mortgages. The other issue is, why are banks and mortgage lenders being villified by borrowers who are going into default? Can you honestly say that people just signed their lives away without knowing their loan would adjust? Do borrowers not read the contracts? Would anyone blindly sign an insurance contract not knowing what kind of coverage they were obtaining for their vehicle?

  When it comes right down to it, the borrower is the one at fault. The borrower knows his financial circumstances better than anyone else, how can someone else be responsible for his actions? At what point do you/we want the lending institutions telling us we can't have that house? Would you prefer a lender to tell you, "You can't have that"? It would take you only five minutes to find another bank that would lend to you on that house.

  So you see...it's not the lender's fault. I think the same goes for credit card debt. Why aren't people up in arms about the 27% credit card companies charge people? And allow them to spend more than they can afford? Do they not read the contract and acknowledge the terms?

  Why are the mortgage lenders at fault for simply making loans to people who want them? If you're over 18 and can read a contract and want to enter into a financial agreement, I say, grow some balls and fess up to your obligations!

  And stop blaming everyone else for YOUR BAD DECISIONS!

  BP

  (Disclosure-my comments are not directed anyone in particular, I just get tired of hearing the rehtoric about how "Bad" and "Unscrupulous" mortgage lender are.)
• 
  252

  are we inactive or what?

  by inactive? in

  1. watchtower
  2. beliefs

  i would like someone to discuss some issues i have.

  i understand all are welcome here, so i am sure some elders or former elders could help me.

  i was a pioneer for 7 years, before that i was a regular auxiliarry pioneer for 3 years, i have been a witness for 17 years.

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  BlackPearl

  Inactive? said- "We want to remain servants of Jehovah, but I am afraid that is beginning to not nessasarily mean being a Jehovah Witness"

  It would appear you've seen the light. You are not alone in your thinking. Try to be happy and live your life as Jehovah and his son would have you live it, according to their will, NOT a bunch hypocritical elders.

  Damn them! I'm sorry for your pain.

  BP

  (X-JW, ministerial servant, experienced much of the same you have)
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  74

  Poll for the guys....what hair color on women draws your eye first?

  by restrangled in

  1. jw
  2. friends

  this question is about your initial response visually....not the girl, not the girl your with, just what color hair draws your eye first.. blond, brunette, red, or black?.

  r..

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  BlackPearl

  Oh....are we talking features now? Well.....let's see, there's so many great ones, what won't get me in trouble at this point?

  BP
• 
  74

  Poll for the guys....what hair color on women draws your eye first?

  by restrangled in

  1. jw
  2. friends

  this question is about your initial response visually....not the girl, not the girl your with, just what color hair draws your eye first.. blond, brunette, red, or black?.

  r..

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  BlackPearl

  Blonde
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  48

  Am I too old?

  by changeling in

  1. jw
  2. friends

  for a small, discreetly placed, tastefull tatoo?.

  i'm thinking of my children's initials in celtic letters intertwined, no larger than a fifty cent priece, on the left side of my upper back (shoulder).

  would only be visible in a bathing suit.. i'm 48 .. what do you guys honestly think?.

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  BlackPearl

  I wanted, still want, a Superman tat on my right arm. Once saw a bodybuilder with one thought it was very cool. I havent' worked out for about three years now so my arms are not as big they used to be. If you're going to have a tat like this, you gotta have BIG guns.
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  236

  For the ladies. Do you think that when you.....

  by NotaNess in

  1. jw
  2. friends

  dress to impress, get all slathered up and have your little or lots of flesh showing, depending on your blouse, skirt, pants or shorts....that people(men) are not supposed to stare at you?.

  seriously, if your at home in your closet deciding which outfit you're gonna wear to work, school or out to play, and thinking how you'll look more attractive in this or that....do you not know that guys are gonna stare at you?

  but you see these females on occasion that will get all in an uproar when some guy is staring at them....but hello...didn't you choose with pin-point accuracy, the exact top that's gonna reveal your cleavage at it's fullest?????

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  BlackPearl

  Here's a hint. All women are beautiful regardless of what their wearing. Treat them with respect and dignitiy, regardless of what their wearing. If they want you to stare, they'll let you know. If not...they'll let you know. But be a gentleman, and don't stare, a quick glance a smile will do.

  Really...this is not that difficult to figure out.

  BP
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  236

  For the ladies. Do you think that when you.....

  by NotaNess in

  1. jw
  2. friends

  dress to impress, get all slathered up and have your little or lots of flesh showing, depending on your blouse, skirt, pants or shorts....that people(men) are not supposed to stare at you?.

  seriously, if your at home in your closet deciding which outfit you're gonna wear to work, school or out to play, and thinking how you'll look more attractive in this or that....do you not know that guys are gonna stare at you?

  but you see these females on occasion that will get all in an uproar when some guy is staring at them....but hello...didn't you choose with pin-point accuracy, the exact top that's gonna reveal your cleavage at it's fullest?????

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  BlackPearl

  Dude,

  That's a really dumb question. Just cuz chicks don't hit on you when you put on that ol' John Travolta, Stayin' Alive outfit.

  Get a life, and stop asking stupid questios.

  BP
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  7

  There's no place like 127.0.0.1

  by Elsewhere in

  1. jw
  2. friends

  feeling like being a geek tonight.

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  BlackPearl

  Haha, we're not in Kansas anymore.

  BP