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Search Forums: Posts Made By: shawndoggy
Forum: Non-Wakeboarding Discussion 05-02-2019, 4:37 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
Maybe we should consider NOT guaranteeing easy...

Maybe we should consider NOT guaranteeing easy money subsidized loans? Then the flow of funds gets cut from higher ed and the schools that can do more with less (or which have big independent...
Forum: Non-Wakeboarding Discussion 05-01-2019, 10:15 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
So the loans aren't federally guaranteed, just...

So the loans aren't federally guaranteed, just the resulting pooled securities?

Again.... a lot of tax dollars went into propping fannie and freddie up.

But student loans must be...
Forum: Non-Wakeboarding Discussion 05-01-2019, 8:50 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
But see Fannie/Freddie bailout. Government...

But see Fannie/Freddie bailout. Government sponsored enterprises that are too big to fail and will be propped up if they threaten to fail.
Forum: Non-Wakeboarding Discussion 05-01-2019, 8:46 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
The lender gets the asset, sure. But you can...

The lender gets the asset, sure. But you can most definitely BK out of the deficiency. In some states the lender can't even pursue a mortgage deficiency.
Forum: Non-Wakeboarding Discussion 05-01-2019, 5:05 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
credit card receivables are securitized, as are...

credit card receivables are securitized, as are car loans, without fed guaranty.
Forum: Non-Wakeboarding Discussion 05-01-2019, 5:03 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
So are mortgages and SBA loans, but they are...

So are mortgages and SBA loans, but they are dischargeable.
Forum: Non-Wakeboarding Discussion 04-26-2019, 11:54 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
Still begs the question why do we give the most...

Still begs the question why do we give the most dangerous kinds of loans (nondischargeable in BK) to those who’ve had the legal right to enter into contracts for the shortest time? Credit cards, car...
Forum: Non-Wakeboarding Discussion 04-24-2019, 8:06 AM
Replies: 46
Views: 33,784
Posted By shawndoggy
This is a very interesting issue, and all of that...

This is a very interesting issue, and all of that student loan debt piled onto the millennial is going to have some really drastic / weird collateral consequences down the road. Starting out a...
Showing results 1 to 8 of 8

 

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