Below is a paraphrased story this pizza joint had printed on their tables:A psychology graduate student needed 50 participants to partake in a one hour long survey. 

In spare and beautiful prose, Desmond chronicles the economic and psychological devastation of substandard housing in America and the cascading misfortunes that come with losing one’s home.

Psychologically even.

I haven't had to foreclose since I understand the "loop holes " and psychology of borrowers.

Moving every year is doable for me, but still has its psychological wear and tear.  

Psychologically, a simple way for me is to base ROI on cashflow alone.

Anyway, I once deposited the exact same amount around the same day, I was scratching my head for a few minutes wondering what happened.Originally posted by Brian Hoyt:Besides, my late fees are a gift compared to most ($27.50 and no daily extra charge).Ok, so I have to ask how you came up with that number.Why not just make it 29.99, psychologically they won't really see it as being higher and you have money for two more beers. :)

Someone should do a study for a psychology degree some day.

Yes, you could rearrange the formula they way you did and it makes mathematical sense, but I think it messes with the psychology.  

I know the FC process, how lenders react, what owners may do, what the credit issues can be, I have experience in doing FCs and the psychology of the owners and I know compliance as well as the RE side......and if I wouldn't try it, I don't see any prudent person attempting to do so.