Shorter Megan McArdle: It's terrible how lenders no longer take individual circumstances into account after the post-housing bubble rule changes.
Shorter Megan McArdle: It's terrible how lenders take individual circumstances into account after the post-housing bubble rule changes.
Of course she's being consistent.
ReplyDeleteIn one case they're inconveniencing Megan, in the other they're being nice to people who are not Megan. That's violating the bleeding Prime Directive.
Someday, her loan will be underwater & you'll pretend to be surprised when she sends the jingle mail.
I assume that she took out an ARM with balloon payments, because Innovation Is Good.
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