Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

maxrandb

(16,542 posts)
Mon May 12, 2025, 08:27 AM 5 hrs ago

I told my mortgage company that I was reducing my payment by 145%

They said; "OK, but your late fee will compound daily".

We met, I agreed to continue the status quo for 90 days, and they decided not to impose a late fee, as long as I paid on time.

We agreed to "revisit" our contract during that 90 day period.

What a great deal maker I am.

5 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
I told my mortgage company that I was reducing my payment by 145% (Original Post) maxrandb 5 hrs ago OP
You should write a book about making artsy deals. sop 5 hrs ago #1
I guess we don't need those factories anymore Johnny2X2X 5 hrs ago #2
As shrewd as a guy who bankrupted a few casinos, he owned. Omnipresent 5 hrs ago #3
Making nonsense deals just so they can say "I made a deal!". They have baked in uncertainty now. Investors beware! dutch777 5 hrs ago #4
Nailed it blm 4 hrs ago #5

Johnny2X2X

(22,844 posts)
2. I guess we don't need those factories anymore
Mon May 12, 2025, 08:33 AM
5 hrs ago

Republicans have been screaming for months about how these tariffs were going to save the middle class and factories were going to start opening everywhere. I guess we don't need those factories now...

It was idiotic from the get go. We actually don't want that type of manufacturing job to return. The manufacturing jobs we want back are like the ones Biden brought back, high tech and high paying. And getting those jobs back is a lot harder than just slapping tariffs on random countries, you have to help promote industries like chip making and clean energy.

The damage to the economy has been severe though, I don't think we will avoid a recession.

dutch777

(4,417 posts)
4. Making nonsense deals just so they can say "I made a deal!". They have baked in uncertainty now. Investors beware!
Mon May 12, 2025, 08:46 AM
5 hrs ago

Leaving everything for later conclusion, or more grandstanding, in 90 days is not a solution. Plus the Chinese have already said, ok, we'll just rejigger our currency exchange against the dollar and US tariffs will be revenue neutral to us. You play checkers, we'll play chess. Xi is ROFL. Any business or capital investment firm looking where it should or should not invest capital going forward is likely to realize ANY play could be the wrong direction as there is NO direction in what stupid thing Trump and Co. will do next. So, just maintain status quo and risk and invest nothing.

Latest Discussions»General Discussion»I told my mortgage compan...