Saturday, June 28, 2014

If you love Someone, set them free, explained.

"If you love someone, set them free. If they come back, they're yours; if they don't, they never were", explained below.

The problem with the "If you love someone set them free" saying is the person setting the other one free doesn't realize its them that was being set free by the other person.

Monday, June 16, 2014

We Support Consumer Rights, in Quotes, has been posted ZERO TIMES since 2010 in a U.S. related search.

I just did the most stunning google search. I searched for the phrase "We Support Consumer Rights" in quotes. The quotes ensure that google only searches for that phrase in that order.  I only got 10 hits. When I added the following exclusions, -Dubai, -Australia, and made the research from 2010 to the present, I got ONE RESULT.

When I clicked on that one result, it went to a site that is no longer  working.
Not one group or organization or a person with multiple personalities from the U.S. has posted "We support consumer rights" since 2010. That explains a lot.

When I searched for "I support Consumer Rights" -australia, since 2010, I got four hits.
Two of them were for X-box related issues and another for the UK. The fourth was an article debating the merits of labeling GMO that  seemed to be a bit concern trollish in nature in favor of doing nothing. 

Maybe because Consumer Rights is not a person, people feel less inclined to post "I support Consumer Rights". 

Still seems lame there are not more proclamations stating one's support for Consumer Rights.

Sunday, June 1, 2014

What is a First Lien REHELOC?

A First Lien REHELOC would allow homeowners who are equity rich (they have a paid off home and a HELOC that is for a very modest portion of the value of their home, (under 50%)) but cash poor to reset an existing first lien HELOC with a REHELOC so they could remain in their homes by using their homes total net worth as collateral.

For some reason the Government, the Banks, the Fed, and Dodd / Frank are against REHELOC's. These entities are so against REHELOC's that the term DOES NOT EXIST nor is it considered an option!

So if you are a homeowner who spent 20, 30, or 40 years paying off your home and are equity rich but cash liquidity poor, and have a HELOC that is about to reset after 10 years, going from an interest only payment to an interest and principal payment, nobody will allow you to get a first lien replacement HELOC, aka a REHELOC.

Nobody! Not even if the REHELOC would be for less than 50% value of your paid off home.