You mortgage Garbage
You mortgage garbage
The term is been applied you mortgage garbage to almost half of the mortgages hired in the during the year because they were granted without counting with the precautionary forecasts of verifying that the uneats of the clients who were requesting the they praise , was adapted to face to the interests that is would have to pay expert well expert the amount of the house that they were going to acquire We must distinguish between three classes of mortgages that plows granted in the
Mortgages Occupy first pleases : there plow those mortgages considered to be reliable there is studied the solvency of the one that requests the mortgage they praise and it is demonstrated that it you have sufficient solvency to face to the mortgage
Mortgages Suboccupy first pleases :Also so called mortgages "garbage" because there plows granted clients of doubtful solvency who request money over of the Iof the building or who have to pay to quota of interests that supposes resided than of his uneats . Sometimes even two circumstances happen
You mortgage " High " :In this marries the clients fulfill the conventional solvency requisites but they do not contribute enough certificates
In of the granted mortgage loans was of the category Suboccupy first pleases or High what is provoked the current American you be crisis.
This you have supposed an it was uncreating in the slowness in the mortgages of high risk that plow granted in the and the financial markets have suffered the fears that bear this information and the fact of making to possible future liquidity out with what the banks would turn out to be forced to sell his actions to overcome the problem and it would drive to serious problems on the markets It is an American you be crisis and to prevent the fears from generalizing to all the markets the Bank she you have injected several steal money in the euroarea. expert well expert Head office banks of other countries like Japan or and the Reservation to the bank system to treat that the conditions on the money market normalize
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On Thursday Dec of to AM AM PM SPANISH VARIANTS TO THE MORTGAGES SUBPRIME NINJA OR GARBAGE and summing up Chorused up to the satiety when they plows discovered or denounce in the year and even much brought in in “En Spain they do not exist To see in the mortgages tags suboccupies first pleases , ninja or garbage The negrito of Ilinois who buys the where Ihave lives for the double of what it costs signing to mortgage to infinite years and with these “bancos mortgages and funds they receive money Reaction in Spain all Presses and loudly “En Spain there plows not mortgages suboccupy first there pleases ” or that thing about “El System is most controlled and solvent of the World In the first dissident voices were appearing Some doubting the official and semiofficial and others affirming without palliative They were and infinite Big part of the of produced housings being constructed or in project from in you or less they would be catalogued in one of the variants Spanish variants to the mortgage of the negrito of Ilinois The first variant One of million old “Tú you buy to for million what costs according to my assessors any certify , the banks give the money later we extend cardinally , because with your to yourself million officials we do not go nowhere your assets estimated and certified again and throw ourselves to Exchange Does And porqué the banks and boxes putt reside money than it costs what you sell to The question is of filling because the buyer avezado and ancient you be I have knows in advance the porqué of the banks distribute in black And if the Exchange does not throw itself “No it happen the bag rises every day and everything swallows it the banks take charge already but if it was happening how everything is mortgaged since they swallow it “Genial “De the enlargement remain “Eso my part you were uncreating in black There you reside than billion supposedly distributed between buying RAILROAD seller and the executives of the FINANCIAL BACKER “BANCOS BOX Not beyond six persons in the share-out , because you be obtain and banks take into account the official papers and even pay taxes and enormous costs to big pinch but that pulling for the low thing allow to “escote than million ancient Immense for any citizen although for to very limited grupito purée change The second variant “Tú you contribute your building in the Walk of along million that pay to you with actions of the next enlargement and on the following day you dog sell them in Exchange to how they quote turn but expert the alone building costs we have to distribute in black to the financiers not less than because finally they plows those who finance that the actions with credits guaranteed by the proper actions quote high Assumption MARTINSA FADESA Between the first and second assumption dig infinity of variants with mergers OPAS and money with role guarantee garbage you be agency Riofisa etc.etc In the marries Martinsa the inspectors have already discovered countable aberrations and advise the fraudulent failure to impede to the his personnel patrimony and in the harmed ones request the feedback of the fraudulent blow with to ball And how is carried back the dirty money apologized to invoices and false costs Third variant. “Tú you buy to the pleases for to caixa mortgaging so that you it and you already have your shop in march “Pero this it pleases is expensive “Para it you is to golden opportunity the it pleases rises of price every year “Y if it could not pagar…que it remain this caixa The fourth variant. “Con you pay his payroll to month approximately “Pero the fact is that need to money to furnish and the wedding “Bueno we see if they extend the mortgage to us and you pay to month but our commission be instead of It conscripts. “Nos you bring to payroll and have apartment Sixth. “Te give if you sign in the notary to few rolls to The agents and sellers already dismissed of and and do not finish The remaining variants for the year from now on when the bubble was swelling up or per year and the apartments were not selling all that Iresided unsaleable offer you they were raising the apartments there plow infinitas…nómina false false GO card mortgage evaluations properly appraised to of the parts buyings and sellings of entire buildings or “paquetes of housings between societies “instrumentales credits and certifications of work garbage but the construction was producing housings to such rapidity that not even forging and defrauding were giving supply and there remain of housings of ludicrous price any I you reside it is not even known of “mal sold and “segunda run finishing with the saving of the whole music and the maximum collected with infinite financial formulae in the international market And before the notary given that we register of the whole life throwing the casualty .with the council of the proper notary given that “pasaría in now one climbs to especially possibly firstly for district attorney tax reliefs in the period of the mortgage and very because to the you it promotes the face - will value amount registered the you it be achieved in “titulaciones paid by the BCE or who finally is financed so much GARBAGE and that demand to receive for interests and expenses Comment number
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On Tuesday to AM AM AM MORTGAGES GARBAGE IN would advise to the BCE what arrogance that studies well the MORTGAGES limit myself to the ambience of my life to what my sight and ear reach since further away what they tell or have reads on subgives priority the or the was Grasping “tigres to purée preparation mediática Completed this brain haemorrhage species and what it is read by that the BCE already does not admit like guarantee for the money auctions the FUNDS OF MORTGAGE QUALIFICATIONS with the easy thing that was proving to them to express them to our CAIXAS In and for years not you than three persons and if only one worries is dog be clarified the forest of legislations and entities the proprietor of the the promoter the builder the buyer the financier and return to begin if the BCE or any of the big Europaean or world funds it re-deducts buys or finances the mortgage finally it puts the money An example the CONSORTIUM OF THE FREE ZONE or it might be ADIGSA of Generalitat ) public Entity but that it hires to his like deprived with PSC men although till not long ago it was governed by to PP, Enrique Lacalle, who acted of big of the City being walked by three black cars surrounded with bodyguard to see in some of his exploits sets the re-qualified by the same ones and with the Ithat is convenient to builder constructs in become close relation financing the CAIXA OF CATALONIA of the Delegation PSC and buy pongamos…el Institute for the Study of the Subpirinaica or to jail that also have been financed by methods to thirty years of term or an set of instruments “sociedad property of some of the tens of institutions to his órdenes…colocan the mortgage to expediency and for astronomical obras…a prices of construction and mortgages With construction costs between and for already puffed up the end price reaches the and rising without selling and they plows mounted or feign salt to door credits or to pleases on the financial market the mortgage of these salt , or that different puts the money To reader voter of the Spanish socialist say to that for that they have voted for them to do things and alone header the answer that to country music music directed to the SOVIET where any norm and legality does not exist but Idocumented inside the legality soon that was beats the institutions suffer first the financiers because they finish without MONEY and getting into debt to the future generations the bread for today and famine for tomorrow for not affecting in “autocontratación “manipular the price of the things “información privileged the immense dirty money of the Construction that thing about Maragall with accusing to the purée Pujolistas prank thousand and one “ilegalidades turning the institutions in proper and out of all the that the market the laws and to grupito almost or without almost democracy imposes so that precisely every day of the of the To most of the direct affected thousands it does not even happen to them to putt proper yams to the causers of his misfortunes it is the the life the bad luck that it happens beyond the Tibidabo although like banquerillo in my youth know by intuition that for there is money not neither in the BCE in less in small birds these Catalans supporters Socialists convergentes…o what is And the whole retaila of spokeswomen and fells - bearers … to one complaining If the fact is that they do not give us to duro…más wood any you wood to pay the expirations of his automortgages to keep on constructing and up to buying the Electricity companies of the Norte…o the whole South the China…Marruecos…Colombia And speculators have always detained theirs the BALL the Bubble the Pyramid the fault ajena…Madrid Brussels Stuggart…EEUU the polytics neoliberales…los what scoundrels Comment number
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