[Shhhh! I'm Listening to Reason!]

LOS ANGELES (Reuters) - In California's bustling economy, immigrants
can rise so fast their language skills may lag behind their buying
power, which consumer advocates say landed many non-English speaking
borrowers with subprime mortgages they did not want.

Mortgage brokers have been slipping through loopholes in state civil
codes requiring lenders to provide mortgage disclosure documents --
delineating interest rates, payment amounts and other vital deal
points -- in the language in which the transaction was negotiated.

http://news.yahoo.com/s/nm/20070316/..._immigrants_dc

How cool is that, toopid?

Allowing the market to work, AND sticking it to those bothersome
immigrants! Right in your home state!

A very nice double-whammy, if I do say so!

Congrats!

[ScottW]

On Mar 17, 3:41 pm, "Shhhh! I'm Listening to Reason!"
wrote:
LOS ANGELES (Reuters) - In California's bustling economy, immigrants
can rise so fast their language skills may lag behind their buying
power, which consumer advocates say landed many non-English speaking
borrowers with subprime mortgages they did not want.

Mortgage brokers have been slipping through loopholes in state civil
codes requiring lenders to provide mortgage disclosure documents --
delineating interest rates, payment amounts and other vital deal
points -- in the language in which the transaction was negotiated.

http://news.yahoo.com/s/nm/20070316/..._immigrants_dc

How cool is that, toopid?

Allowing the market to work, AND sticking it to those bothersome
immigrants! Right in your home state!

A very nice double-whammy, if I do say so!

Congrats!

Your welcome. Of course the simple solution, they learn English
never occurred to you. Meanwhile you like paying for this program as
they can't charge non-English speakers for the extra cost of
maintaining all those different language docs. Not to mention the 17%
still forced to do their business in their non-native language. What
happenned to equal treatment under the law?
How did you find a broker who spoke Twilight Zonese?

ScottW

[Shhhh! I'm Listening to Reason!]

On Mar 17, 6:02 pm, "ScottW" wrote:
On Mar 17, 3:41 pm, "Shhhh! I'm Listening to Reason!"





wrote:
LOS ANGELES (Reuters) - In California's bustling economy, immigrants
can rise so fast their language skills may lag behind their buying
power, which consumer advocates say landed many non-English speaking
borrowers with subprime mortgages they did not want.

Mortgage brokers have been slipping through loopholes in state civil
codes requiring lenders to provide mortgage disclosure documents --
delineating interest rates, payment amounts and other vital deal
points -- in the language in which the transaction was negotiated.

http://news.yahoo.com/s/nm/20070316/..._immigrants_dc

How cool is that, toopid?

Allowing the market to work, AND sticking it to those bothersome
immigrants! Right in your home state!

A very nice double-whammy, if I do say so!

Congrats!

Your welcome.

To what?

Of course the simple solution, they learn English
never occurred to you. Meanwhile you like paying for this program as
they can't charge non-English speakers for the extra cost of
maintaining all those different language docs.

Um, toopid, most of these "docs" are on computer. Can you show me a
calculation as to how much "extra cost" is incurred?

And can you tell me why some slimy people slipping through a loophole
to take advantage of someone does not bother you, with your black-and-
white sense of what's right or wrong?

Or does that sense only apply to non-immigrants?

Not to mention the 17%
still forced to do their business in their non-native language. What
happenned to equal treatment under the law?

As I said, toopid: Isn't it great?

How did you find a broker who spoke Twilight Zonese?

They had one at the VA. Those of us who've served get to use them.;-)

[ScottW]

On Mar 17, 4:12 pm, "Shhhh! I'm Listening to Reason!"
wrote:
On Mar 17, 6:02 pm, "ScottW" wrote:





On Mar 17, 3:41 pm, "Shhhh! I'm Listening to Reason!"

wrote:
LOS ANGELES (Reuters) - In California's bustling economy, immigrants
can rise so fast their language skills may lag behind their buying
power, which consumer advocates say landed many non-English speaking
borrowers with subprime mortgages they did not want.

Mortgage brokers have been slipping through loopholes in state civil
codes requiring lenders to provide mortgage disclosure documents --
delineating interest rates, payment amounts and other vital deal
points -- in the language in which the transaction was negotiated.

http://news.yahoo.com/s/nm/20070316/..._immigrants_dc

How cool is that, toopid?

Allowing the market to work, AND sticking it to those bothersome
immigrants! Right in your home state!

A very nice double-whammy, if I do say so!

Congrats!

Your welcome.

To what?

My presence.


Of course the simple solution, they learn English
never occurred to you. Meanwhile you like paying for this program as
they can't charge non-English speakers for the extra cost of
maintaining all those different language docs.

Um, toopid, most of these "docs" are on computer. Can you show me a
calculation as to how much "extra cost" is incurred?

Sure....2 + 2 + 1 = 3 .. What do you come up with?


And can you tell me why some slimy people slipping through a loophole
to take advantage of someone does not bother you, with your black-and-
white sense of what's right or wrong?

Its awful. But somehow I suspect if the guy could be talked into
signing
docs he didn't understand then he could still be made a victim with
spanish language docs.
Fraud is a problem, but I'm not certain they have the root cause
identified.


Or does that sense only apply to non-immigrants?

Not to mention the 17%
still forced to do their business in their non-native language. What
happenned to equal treatment under the law?

As I said, toopid: Isn't it great?

How did you find a broker who spoke Twilight Zonese?

They had one at the VA. Those of us who've served get to use them.;-)

How many languages do they offer? You wouldn't be using a service
that discriminates against non-english speaking veterans now would
you?
You're a bigger hypocrite than Al Gore and John Edwards.

ScottW

[Shhhh! I'm Listening to Reason!]

On Mar 17, 6:37 pm, "ScottW" wrote:
On Mar 17, 4:12 pm, "Shhhh! I'm Listening to Reason!"





wrote:
On Mar 17, 6:02 pm, "ScottW" wrote:

On Mar 17, 3:41 pm, "Shhhh! I'm Listening to Reason!"

wrote:
LOS ANGELES (Reuters) - In California's bustling economy, immigrants
can rise so fast their language skills may lag behind their buying
power, which consumer advocates say landed many non-English speaking
borrowers with subprime mortgages they did not want.

Mortgage brokers have been slipping through loopholes in state civil
codes requiring lenders to provide mortgage disclosure documents --
delineating interest rates, payment amounts and other vital deal
points -- in the language in which the transaction was negotiated.

http://news.yahoo.com/s/nm/20070316/..._immigrants_dc

How cool is that, toopid?

Allowing the market to work, AND sticking it to those bothersome
immigrants! Right in your home state!

A very nice double-whammy, if I do say so!

Congrats!

Your welcome.

To what?

My presence.



Of course the simple solution, they learn English
never occurred to you. Meanwhile you like paying for this program as
they can't charge non-English speakers for the extra cost of
maintaining all those different language docs.

Um, toopid, most of these "docs" are on computer. Can you show me a
calculation as to how much "extra cost" is incurred?

Sure....2 + 2 + 1 = 3 .. What do you come up with?



And can you tell me why some slimy people slipping through a loophole
to take advantage of someone does not bother you, with your black-and-
white sense of what's right or wrong?

Its awful. But somehow I suspect if the guy could be talked into
signing
docs he didn't understand then he could still be made a victim with
spanish language docs.
Fraud is a problem, but I'm not certain they have the root cause
identified.



Or does that sense only apply to non-immigrants?

Not to mention the 17%
still forced to do their business in their non-native language. What
happenned to equal treatment under the law?

As I said, toopid: Isn't it great?

How did you find a broker who spoke Twilight Zonese?

They had one at the VA. Those of us who've served get to use them.;-)

How many languages do they offer? You wouldn't be using a service
that discriminates against non-english speaking veterans now would
you?
You're a bigger hypocrite than Al Gore and John Edwards.

Another 'important' post from toopid. LOL!