The even randomer thread

[LTS]

10 hours ago, Porous Five Hole said:

I’m not in any way disagreeing with anything you said. Specific to the agencies, you’re 100% correct. However, I want to provide context as to why Fannie & Freddie exist. There are two reasons why a bank (or credit union) would prefer to hand out Fannie/Freddie money instead of their own. 

1) Liquidity.  This is oversimplifying, but there are stress tests for lenders. The example I would give is that a bank would need to have a dollar on deposit for every dollar they lend out. That is not the actual stress test, but it is a common sense approach. They have to stay solvent.  
So, what happens when the bank lends out all their available funds? They stop lending.  The consumer demand for mortgages far outweighs the money banks have to lend.  So they utilize Fannie/Freddie’s funds to support consumer lending needs.  That’s why they exist today. 
 

2) If the lender conforms to Fannie/Freddie’s qualification guidelines, Fannie/Freddie will help offset the bank’s losses if a loan goes bad. And why wouldn’t a lender want that? So we use them for a good reason.  
 

I won’t get into the financial crisis and the Fed bailout of these agencies which contribute to your opinion, but they serve a valuable purpose for borrowers and lenders. Just like FHA, VA, USDA, and state housing initiatives (including SONYMA in NY). 

Very true and important context to add.  It speaks to the depths of how "money" is handled in this world. There's so much more and not just with financial institutions.

They say follow the money, but it takes a pretty serious level of knowledge to attempt to do so.  

[bob_sauve28]

 

[Doohicksie]

Who takes a cat camping????

[shrader]

10 hours ago, Doohickie said:

Who takes a cat camping????

[Night Train]

13 hours ago, Doohickie said:

Who takes a cat camping????

[Doohicksie]

Once again you can get 4 free covid tests from the gubmint while supplies last.

https://special.usps.com/testkits

[Stoner]

8 hours ago, Doohicksie said:

Once again you can get 4 free covid tests from the gubmint while supplies last.

https://special.usps.com/testkits

They are detonatable. Word to the wise.

[Pimlach]

On 8/27/2024 at 8:02 AM, Doohicksie said:

In the wee hours of the morning we said goodbye to Winston, our dog of 14 years.  He was truly the best dog.  He'd been losing mobility for most of the year and as of yesterday morning could not get up without help.  He also barely touched his breakfast.  By dinnertime he could no longer stand at all, even with help, and refused food and water.  I've seen that before; it's a clear sign they're ready to cross over.  My son slept on the floor with him; he said Winston got restless at about midnight he sat up and put Winston's head in his lap which calmed him down.  Shortly after that my son noticed Winston had stopped breathing.

The last picture I have of Winston before he passed:

And to brighten up an otherwise dire post, here he is in better days doing zoomies on the sofa.

I'll miss you Winston.  You were the best dog ever.

Sorry for your loss.   I have been there too.   Looks like a great dog and a true friend.  

Edited September 28 by Pimlach

[shrader]

We are doing some family pictures with the kids later today and it got me thinking about how much easier school pictures must be today. It was an annual rite of passage, getting those pictures back a few weeks later and my mom being mad because I didn’t smile right. 

[SwampD]

On 9/19/2024 at 9:52 AM, Wyldnwoody44 said:

The new scheming I was told by a financial advisor is that you're going to be punished for good credit.... I can't make sense of it all. Too complex 

 

On 9/19/2024 at 8:26 PM, Wyldnwoody44 said:

I don't have the specifics, but apparently if you have better credit then you will actually be getting charged at a higher rate, apparently those with credit 600-650 will obtain the best rate. It's def politically motivated, but again I haven't looked into it, just was told this from a trusted financial person. 

 

On 9/19/2024 at 8:30 PM, Weave said:

Not quite.  Specific to Fanny Mae and Freddie Mac programs, fees are lower for folks with lower credits scores, not the rates.

 

On 9/19/2024 at 8:33 PM, Wyldnwoody44 said:

Ah, maybe that makes sense. I have a hard enough time keeping track of my write offs for my 1099 

 

On 9/19/2024 at 8:48 PM, Weave said:

Def don’t trust that trusted financial guy.  His information appears……. Slanted.

Sounds like when a betting line moves to get more people interested in a game.

[Stoner]

[Wyldnwoody44]

1 hour ago, Stoner said:

Hire this man to teach Dunleavy the ways of the Buffalo 

[Indabuff]

Another kids' hockey tournament in Toronto, another stolen parent's vehicle.   Absolutely ridiculous.    

[shrader]

I just heard my wife lecturing our two year old "Batman always listens to his mommy".

I don't know if I should tell her.

[Thorner]

I don’t want this to be a big thing (for one: it’s not. That’s why I chose the random thread, I hope anyone who sees value in it stumbles across it, or doesn’t)…but I simply couldn’t bring myself to leave without saying goodbye. I’ve met too many wonderful people here. 

But, the time has come, at least for now. Though this is my last post, I’ll always value the time I spent here engaging in conversation, even if, as always, YMMV on that. Just wanted to keep it simple: thank you.

And most importantly: Go Sabres.

Catch you all on the flip side! 

Edited October 16 by Thorner

[Doohicksie]

wut.

You can't leave.  We won't let you.

[Stoner]

I'll stop sending naughty PMs.

[#freejame]

Thorny come back, any kind of fool could see. There was something in everything about you.

Thorny come back, you can blame it all on me. I was wrong and I just can't live without you. 
 

[...]

1 hour ago, Thorner said:

I don’t want this to be a big thing (for one: it’s not. That’s why I chose the random thread, I hope anyone who sees value in it stumbles across it, or doesn’t)…but I simply couldn’t bring myself to leave without saying goodbye. I’ve met too many wonderful people here. 

But, the time has come. Though this is my last post on this website, I’ll always value the time I spent here engaging in conversation, even if, as always, YMMV on that. Just wanted to keep it simple: thank you.

And most importantly: Go Sabres.

Catch you all on the flip side! 

Every time we see a guy named Thorny we'll remember you.

[Weave]

What the hell just happened?

Uncool.

[shrader]

3 hours ago, Weave said:

What the hell just happened?

Uncool.

Did stuff get deleted?

 

Anyway, I watched the car in front of me get hit by a guy running a red light earlier today. We were in a u-turn lane and fortunately it was just a glancing blow. She basically did a PIT maneuver to the guy who ran the red. He wound up doing a 720 and then ran off into a ditch. 
 

I don’t know, maybe I stuck around too long but the woman seemed really rattled. My wife was out with the kids at the same time and I really hope that someone would stick around with her if she was in the same situation. 

[#freejame]

16 minutes ago, shrader said:

Did stuff get deleted?

 

Anyway, I watched the car in front of me get hit by a guy running a red light earlier today. We were in a u-turn lane and fortunately it was just a glancing blow. She basically did a PIT maneuver to the guy who ran the red. He wound up doing a 720 and then ran off into a ditch. 
 

I don’t know, maybe I stuck around too long but the woman seemed really rattled. My wife was out with the kids at the same time and I really hope that someone would stick around with her if she was in the same situation. 

Nothing was deleted. Thorny just bounced. 

[Wyldnwoody44]

After that glorious name change. Was that the final straw 

[Doohicksie]

2 hours ago, shrader said:

Did stuff get deleted?

 

Anyway, I watched the car in front of me get hit by a guy running a red light earlier today. We were in a u-turn lane and fortunately it was just a glancing blow. She basically did a PIT maneuver to the guy who ran the red. He wound up doing a 720 and then ran off into a ditch. 
 

I don’t know, maybe I stuck around too long but the woman seemed really rattled. My wife was out with the kids at the same time and I really hope that someone would stick around with her if she was in the same situation. 

I almost got hit by a red light runner yesterday morning.  Turned left in front of me long after the light turned green for me.

Then today on my way home my Check Engine light went on.  *****.

Edited October 17 by Doohicksie

[shrader]

13 hours ago, Doohicksie said:

I almost got hit by a red light runner yesterday morning.  Turned left in front of me long after the light turned green for me.

Then today on my way home my Check Engine light went on.  *****.

The red light running out here is the worst I've ever seen.  On any given light change, at least two cars will go through after it has changed, AT LEAST.  I've seen as many as 5 before.  There are some spots where the light is green for a very short period of time, which I think leads to this.  But they still do the same thing at pretty much any light.  I've lived here, Buffalo, and Boston and the it was never anywhere near as bad in the other two locations.