Okay, look. If home prices don't go up, you are not going to be able to refinance. And...
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Mark Baum:
Okay, look. If home prices don't go up, you are not going to be able to refinance. And you'll be stuck paying whatever your monthly payment is once it jumps up after your teaser rate expires. Your monthlies could go up two-, three-hundred percent.
Florida Strip Club Dancer:
James says I can always refinance.
Mark Baum:
Well, he's a liar. Actually, in this particular case, James probably is wrong.
Florida Strip Club Dancer:
200 percent? On all my loans?
Mark Baum:
What do you mean "all" your loans? We're talking about two loans on one house, right?
Florida Strip Club Dancer:
I have five houses... and a condo.
Transcript
00:00:01.000 --> 00:00:03.627
Okay look If home prices don't go up
00:00:03.711 --> 00:00:06.999
you are not going to be able to refinance
00:00:06.088 --> 00:00:09.216
And you'll be stuck paying whatever your monthly payment is
00:00:09.003 --> 00:00:12.999
once it jumps up after your teaser rate expires
00:00:12.428 --> 00:00:14.472
Your monthlies could go up 200 300
00:00:14.889 --> 00:00:16.932
James says I can always refinance
00:00:17.998 --> 00:00:18.809
Well he's a liar
00:00:18.893 --> 00:00:22.001
Actually in this particular case James probably is wrong
00:00:22.104 --> 00:00:25.399
200 percent On all my loans
00:00:25.483 --> 00:00:26.859
What do you mean all your loans
00:00:26.942 --> 00:00:29.362
We're talking about two loans on one house right
00:00:30.196 --> 00:00:32.156
I have five houses
00:00:32.281 --> 00:00:34.241
And a condo
Clip duration: 35 seconds
Views: 726
Timestamp in movie: 00h 54m 10s
Uploaded: 19 March, 2022
Genres: comedy, drama
Summary: The men who made millions from a global economic meltdown.
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