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Re:Some Silicon Valley Tech Workers Get Home Loans with No Money Down
on Wednesday July 27, 2016 @01:41PM (#12174914)
The contingency period in the contract is parallel with the financing process. They are not intertwined - apart from the contract being contingent upon securing a loan. If the inefficiency results from compliance issues due to needing to rate, package, and sell the loan, then couldn't an enterprising banker market speed of closing and absorb moderately more risk by having the loan on his books for a few additional weeks? In a competitive market, cash offers (one less contingency, sure but also speedy closing) are preferred.
Re:Some Silicon Valley Tech Workers Get Home Loans with No Money Down
on Wednesday July 27, 2016 @11:06AM (#12173393)
Yes. Completely irrational. I can secure $60k+ in a matter of hours to purchase a new Tesla or Merc. Drive it off the lot and suddenly worth less than the loan. Real Estate, however, can take 45 days to close a loan when the projected value of the asset is surely positive. Antiquated and balkanized title process and (I suspect) unhealthy regulatory requirements are a bog. From there, I think it is simply inefficiencies in the lenders' operations. Would love an insider's take.
Re:Is full-time work bad for our brains?
on Monday July 18, 2016 @10:23AM (#12115179)
I kinda think it is with an over-the-top deliverable being physical presence. Being here is only the baseline. Executing on strategy is what keeps the paychecks rolling in.
Faster Payments Are Here
Re:Nintendo re-releases NES as mini console
on Thursday July 14, 2016 @10:17AM (#12093961)
No. Tecmo Super Bowl (also for NES) is the one with Bo. First to have licensing to support it: https://en.wikipedia.org/wiki/Tecmo_Super_Bowl
Shame they used Tecmo Bowl - is far inferior to Super Bowl.
The 270 Project: Try to Predict Who Will Win the Election
Re:Facebook to Change News Feed to Focus on Friends and Family
on Thursday June 30, 2016 @12:01PM (#12009442)
Anyone else think this is related to the meeting they had with Glenn Beck, et al.?
Re:Alan Kay has agreed to do an AMA today
on Monday June 20, 2016 @02:17PM (#11939968)
What impresses you the most about american free enterprise? What most disappoints you about it?
Why You Will Marry the Wrong Person
Re:What happens when you type Google.com into your browser and press e...
on Friday May 20, 2016 @09:55AM (#11737782)
You go to google.com, right? Nailed it.
Wal-Mart Sues Visa Over Transactions
Snapchat Speeding Filter at Issue in Lawsuit
Ask HN: What font do you use to print sensitive passwords?
From time to time I have to assign complex passwords and give hard copies to users. Notepad font routinely confuses them. They mistake a lowercase l for a 1, etc. Which font is clearest?
Re:Canada to introduce legislation to legalize recreational cannabis
on Wednesday April 20, 2016 @03:12PM (#11536927)
How does this effect the supply chain? Let me re-phrase that, are we still criminalizing the supply side? If so, we're just exporting our violence south of the USA border.
Iannis Xenakis: Arts/Sciences: Alloys (1985) [pdf]
Re:Police Body Cameras: What Do You See?
on Friday April 01, 2016 @06:35PM (#11409071)
Reasonable person standard. A civilian does not typically get that close to a police. If I got that close to a traffic cop, I would probably be in jail.
Re:Jason Bradbury: Coding lessons in schools are a waste of time
on Friday March 25, 2016 @11:44AM (#11360714)
Shitposting the HN way!
Re:Uber Engineering Bug Bounty: The Treasure Map
on Tuesday March 22, 2016 @02:17PM (#11338643)
I am currently working on bug discovery for every big company. You should probably stay away to avoid feel bads.
Re:Uber seeking to buy self-driving cars: source
on Friday March 18, 2016 @05:08PM (#11315064)
The critical question facing our driverless future is liability. Who owns the risk? If the individual owner is liable, you can imagine the upshot - slow adoption rates, high premiums. If the seller/programmer is liable, expect consolidation. It feels like this is the question of our time. To pay for consolidated services - spotify, netflix, uber, Bernie Sanders - or to remain an individual and accept inefficiency as a natural cost of freedom.
Re:Ask HN: So is anyone here voting Trump?
on Thursday March 17, 2016 @10:03AM (#11304371)
I just find it surprising that anyone outside of the angry mob would vote for this guy. His pandering is crossing the line from dog whistling to outright encouraging violence.
Freelancers Are Changing Banking
Re:Amazon Echo, home alone with NPR on, got confused and hijacked a th...
on Friday March 11, 2016 @04:16PM (#11269599)
Am I reading this correctly? Amazon essentially built a better integrated version of "The Clapper" https://www.youtube.com/watch?v=Ny8-G8EoWOw