I love how people rationalize walking away from their obligations by pointing the finger at somebody else to justify their actions.There is a word for people wo walk away from their obligations - DEADBEAT.

I've also said positive things about Bush:- He did what he thought was right;- He didn't care what people thought of him.But, overall, I think he is pretty average in terms of intellect, which is a scary thought for the most powerful person in the world...The funny thing is, nobody cared to argue with me on any of this (including you, Tim)...they just rationalized that it was okay, because he surrounded himself with smart people.If you believe Bush is anything more than average in terms of intellectual ability, please provide evidence.

page=3 From a rational person's point of view, what do have we really have that's worth holding as security other than real estate?

All discussed rationally (normally) and open to fair critique of everyone and for everyone's benefit.And that brings us to the biggest advantage of biggerpockets, It was created for US.

As Greg mentioned... once they foreclose the banks then have reduce the value of that asset and if I understand what happens next... cash reserves must be larger, and the lending rations are skewed such that many banks could no longer lend money in market segments.Our challenge is to hang and enjoy the ride.

Stick to your goals and keep a rational head.

Those sound logical on paper to a rational investor, but I could see the buyers just saying they want to use their own lender.

The education certainly has taught me how to debate things rationally.

This model would seem to rationally price risk for said borrower and eliminate the need for GSEs to set loan purchasing guidelines.

I'm trying to understand the rational.