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A.J. Holst

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Posts posted by A.J. Holst

  1. 2 hours ago, peejman said:

    Got ours in Blount Co. last week and it doubled as well. Based on current home prices, its not far off.  

    Blount County as well, about the same increase.

    Based on what homes are selling for vs. property improvement.

     

  2. Thank you all!

    12 hours ago, Garufa said:

    Friend of mine used to have a wireless fence for his dog.  Dog just got a head of steam up and charged over the thing, then refused to come back in the perimeter. 😀

    Best Gun Buddy had a similar experience, his recommendation was to set collar at full power...

  3. I need to get one, when I travel overnight, my wife is unable to walk the dog.

    If we hook her up to her run, she just sits on the porch.

    1/2 acre coverage.

    Numerous models available, from $150 to $1500

    Any and all opinions would be appreciated!

  4. 2 hours ago, RED333 said:

    I read that as well, the ATF might be looking at him as well, some thing about buying and sell for prophet with out a FFL.

    This is my icing on the entertainment cake.

    Wonder if LS will be getting an unannounced door knock.

    I think law enforcement could articulate reasonable suspicion that a crime has been, is being or will be committed in order to begin an investigation.

    Assuming minions of .gov lurk about on this forum.

    • Like 1
  5. They took palm branches and went out to meet him, shouting, "Hosanna! Blessed is he who comes in the name of the Lord! Blessed is the king of Israel!"

    Jesus, thank you for your supreme sacrifice and for your precious blood which washes away my sin and shame, opens the gates of Heaven and makes me acceptable  to your Father.

    • Like 4
    • Love 5
    • Thanks 2
  6. 7 hours ago, btq96r said:

    The shareholders of SVB will be ran down to zero in their equity, and the management team is out of a job.  To be sure, it was only the size of SVB that let this consequence be applied. 

    I saw good ole Barney Frank (of Dodd Frank fame) sits on the board. 

    Allegedly, SVB was also favored by Chinese tech firms as a source of capital. Tax payer dollars soon to be at work for the greater good?

    • Like 2
  7. 11 hours ago, Erik88 said:

    Interest rates go up and down over time. How did these banks not see this coming? Greed? 

    Yep, however, banks and credit unions work with both long term and short term investments (and loams) for managing the balance sheet.

    The other thing they look at is churn, how quickly consumer loans payoff and reset.

    In credit union land, indirect auto loams sticks about 28 months, mortgages are about 7 years (across all terms and types)

    I have a sub 2% mortgage at my credit union, I joke with our VP of Asset Liability Management he's gonna have me for the life of the mortgage.

    • Like 1
  8. 4 hours ago, Erik88 said:

    Can you expand on this for those of us(me) that don't understand. If a bank owns a mortgage and those customers are still paying their mortgage payment, why does this matter? 

    In the mortgage biz, over 30 years in financial services.

    Cost of funds is the driver for your specific question.

    If you have a mortgage at 2.5%, the lender borrowed at say, 1.5% 

    Today, cost of funds is 4.5%(ish)

    Mortgage rates are tied to the ten year Treasury, it was over 4 on Friday, under 3.5 this morning. It normally moves on .125 increments.

    • Like 1

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