Exotic debt-trap mortgages about to turn on their owners


#1

Originally published at: http://boingboing.net/2006/08/30/exotic-debttrap-mort.html


Rogue time travel issue on Boing category posts
#2

This weekend has been a bonanza for 2006! Hey, @Falcor, save us!


#3

R̢̡͕̯̤̮̟̥̗̜̞̺̠͙̹̜̟͌̄ͦ̒O̷̜̮͕̬̺̳̻̹͍͈̥̰̳͎̦̬ͤͤ͐̈͛͌́̅̊ͦ̈̚̚̕̕ͅB̸̫͔͙̗̼̮͍̬̭̭͖̽͊̈́ͥ̿ͮ̅̆̃̾͂͋̅̍̋̿ͯ́R̛̳̟̲͎̱̟̺̬͓̅̎̎̓͒̿ͩ̉̃ͦ͒͟͞O̧͐̀̊̐̐ͣ̈͏͕̘̳̖͍̦̙̺̭̘̼̞̪̤̲̜Ḃͬ̉̌̐̒́ͤ̎͑̊͏̨̯̟̳̬̗̟͉͖̝̤͔͇̬̞̠̯̟͙R̵̪̝͉̞̹͕̪͉̥̭̺̙̿ͤ̏ͦ̎̚͘͡ͅO̷͕̮̫̮͙̣̥͑̃̈ͣͥ̃ͤ͌̆ͪ͌̽ͦ̿̽͛̔̈́̋͡͡ͅB̨̛̺͇̲̫̮̩̟̰̆̎͗̎̍̎ͦ͛̌̌ͫ̍͗͑͊ͫ̊ͬ!̸̛̺̲̹̳̬͓̙̻̰͔̗̗̰̖̲̀͐͂ͮͩ͗̔̒ͭ̚̕͡ͅ!̴̵̝̦͖̭ͩ͒ͭ̀ͤ͡ͅ ̵̨̡͎̟̺̗̻͍̟̟̙̽͌̿͊ͬͬ̋ͬ͗̆͊̍ͪͨͣ͞ͅT̶̷́̉͐̃̍ͥͦͧͯ̑҉̡̘̺̭̞̼̤̯̰͇̱̻͠H̶̷̻̠̝̠̙̭͎̭͙̝̊ͪ̆̊̏̔̂̉̌̒̌̄̎̀̚E̛͓̻̻̠͇̺͈̘̹̫͙ͯͬ͆̍͛͐̚̕͜͢ ̡̛̱̠͈͎ͪ̌͗ͯͤ͗ͯ͊̑͡ͅL̠̝̣͔̭̗̹̖̪̠̳̭̺͕͎̮ͦ͒̆̂̓͊̀̕̕Oͫͩ͂́ͮ͂ͤ͆ͨ҉҉͖̲̝̼͓̭̱̱̬̱͚͇̖̦̮͠C̡͂̐̾̓ͮ̒͊ͥͧ̔̓̃̂̂̃͜͜͠͏̦̹̬̤͚̝͎̬̺̣̦K̢̨̗̠͚̝ͮ̔͊S͖̗̝̭͓̖̥̙͒ͭ̃ͨ͢͡͡͠͝Ḿ̂ͣͣ̽ͬ̏̈ͬ̀̾҉̙̦̯͕̱̖̝̟̞̜̜͚͕̪̜̬̪ͅĮ̴̪̻̪̠̞̼̙̬̝̺̬̘̫̜̖ͨ̿̆̓ͧͫ̉̋̈ͥ͝ͅṪ̂ͯͧ͒̒ͭ̿̅ͣͩ͘͏̝̮͉͕̠͔͚̼H̴̵̆̀͆̀ͬ̿̀̉ͤͣ̿͋́̀ͥ̓ͪ͆҉̢̙͕͎̼̬͔̬ ̵̜̲̰͎̒̆͑̌ͥͣ͒̌ͩ̔ͥÍ̐͒ͮ̒̐ͫ̂̈́̌̔̏ͩ̅̂̏ͣ҉͉̣̲̲̫̺̦͉̣̰̦̼̖͟͡S̷͒͆̀ͧ̂̾͑͆҉̸̸͍͈̗̪̣̳̙̳ͅ ̴ͩͭ͐́̃̒̈ͨͮ͂ͤͩ͗ͮ̿̊̿͏̛̻̳̗̬͓͙̮͉̲̟͓̰̮̖̫͝ͅN̸̵̴̻̹̖̱͇͍̮͔̯̞̆͋̋̓͊̆̽̅̎ͧ̕O̡̖͔̭̦̫̫̼̩̣̮̜ͤ͊̾̆̓ͦ̓̈ͦ̾̽̏̉ͪ̑͆̀͢͝Ţ̪͕̻͉̫͓̖̻͚̹̘̞̥̪̄ͧ̒͂̊̓ͮ̌̅͌͊̚͘ ̨̭͕̰͙̰̤̙̟̩̒̌̍ͭ̓ͬͩ̉̀͢͞Ẅ̸̸̮̦̼̗̬̼̱̖̠̝ͪ̐͗ͤ͋́͞Ḩ̺͍̬̥͍̞̼̹͍̯̪̟̳̘̖̘̬ͣͣͩ̈ͭ̿̕Ō̷̪͓̖͙̠͕̲̰̝̻̞̇ͫ͑͑́ͭ͊̑͊͌ͮͥ̆̓ͫ̍̚͘ͅW̴̷̢̪͕̩̜̼͇̲͇̼͇̦̥͈͔̲͎̜̝ͨͮ̆ͮ͐͑̏̄̉̏̚̚͝H̨̡̉ͯ̊ͦͭ̀͘҉̻̣̣̞͈̳̜̠̫̝͖̗̹Ȯ̶̥͔̬̖͍̲͍͆̈ͩͤ͋̈́͡ ̨͆̑ͦ́̉͐ͤ̾̌̿ͮ҉͘҉̛̹̰̩̝̯͈͎͔̣̥͙̹̯̫̲̹̲ͅH̼̫̖͖͓̼̥̪͕̽̿̾̐ͣͣ̇ͭ͑̓͐̐ͭ̾̾̈́̃̚̕Ę̧̏͂̀́҉͏̪̹͚͈̱ ̸͈͔̯̝͇͙̪̳̻ͤͯͬ̂ͧ̿̈́̏̀S̨͙̹͓͔̥̜̭̯̞̖͉̗͚̯̦͎͂ͤͪ͋͜͟͜E̷̴̷̗̱̹̭͇͈̳̯͙̣ͣͬͧͤ̈́̑̆ͪ͌̕E̸̶̤̳̟̗̲̙̍̄ͭ̔͊ͤͪ̀͘M̶͎͙̻̣̖̜͚̯̟̉̋ͦ̑̈͋ͬ̽ͨ̀̕͘͡Ş̶̳̠͉̘͈͖̘̳͙͎̑̇̾͂ͫͮ̓͑̍!̶̼͎̜̝̮͓̗͖̻ͯ̋ͨ͒̉̀̕͢͞!̛̯̹͉̻̹̭͚̼̭̖͙̭̥̯̃̾͒̏̂̐̐ͣ́̊ͦͨ̀͌͒̕͟͠ͅ!ͫ͗ͤͮ̐̌̑͌͋͗̂̊ͦ͏̧͕̲̙̬̬̗̩̯̩̘͓͍͚̩͖̥͝͝


#4

Hah! Look how wrong Cory was! He was predicting a housing crash soon after 2006, with the horrible loan terms that people were being offered causing so many houses to get repossessed that the banks were going to “lose their shirts.”

I’m sure glad that never happened — the government probably would have had to bail those banks out!


#5