Lie To Me, I Promise, I’ll believe.

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Let’s think about this.  You can get a new job–one day–at McDonalds, and it’s MORE VALUABLE than being self employed for four years, eleven months???

This, kids, was sent TODAY.  TODAY.   Not 11/2006 when the chaos started, but TODAY. 

This is BACKWARDS.  You got a job?  State your income. 

You self employed: Ah, we want you to do it 5 years.

What lunatics are buying this paper right now?  How the hell is ING securitizing it?

 

Moving forward…as ever. 

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2 Responses to “Lie To Me, I Promise, I’ll believe.”

  1. I’m surprised! I’ve never worked with Ing, however I always pictured them being more conservative…guess I’m wrong!

  2. Rhonda Porter »

    To be fair, their LTVs ar capped around 80% in most markets, and they are a big “10/1″ arm lender. Apparently their turntimes are slow.
    This ad though–has what stated is backwards. That’s the point; a SE/person needs 5 years…

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