My background:I am an insurance property claims adjuster and have been working catastrophes for the past 7 yrs. which requires quite a bit of travel.

I guess some guru came up with that concept and it is not creative financing it's catastrophic financing.

I also stated that in a PREVIOUSLY NEVER BEFORE SEEN CATASTROPHE, I'll be prepared to lose the highly financed properties, and still have the F&C.

We could have provisions to waive the balancing in catastrophic instances like war.

Not even insurance agents get this right all the time and the worst time to have to clarify this is after they've had catastrophic damage to their building.

His creative leadership helped ensure that 2009 was a period of weak recovery rather than catastrophic depression...Here's the article link ....

It's pretty clear to me and becoming more and more clear every day that something catastrophic happened.

Once he knows that he may get more work out of me in the future, he's even more likely to ensure that the appraisal comes in on target.And here are some other thoughts on how to better control your deals:http://www.biggerpockets.com/renewsblog/2010/02/10/controlling-your-real-estate-deals-manage-catastrophe/

The housing catastrophe was caused by lenders making bad loans and sloughing them off immediately to unsuspecting government agencies and Wall Street, leaving them without a chair when the music stopped.

The housing catastrophe was caused by lenders making bad loans and sloughing them off immediately to unsuspecting government agencies and Wall Street, leaving them without a chair when the music stopped.