Monthly ArchiveAugust 2007



Residential Glee & Web Steve on 31 Aug 2007

Predatory lending pisses me off.

Today I was reading an article on CNN regarding the lending crunch resulting from the current subprime mortgage mess…you know the scenario: A greedy lender offers their customer a toxic ARM without making clear the risks of such a loan. The customer could afford a better (fixed) loan, but jumps out of his/her seat when he/she realizes it’s possible to borrow $300,000 for under $800 per month…at first. What they don’t often realize is the loan will later reset to a much higher rate, easily doubling their monthly payment.

What really made me sick, however, were the content-generated ads that appeared at the bottom of the page…
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Missoula & Sports Steve on 27 Aug 2007

Tuff and the Fins…

Parenthood Steve on 16 Aug 2007

It’s a girl!