The most disturbing statistic about the American subprime loan thing:
"Freddie Mac and Fannie Mae, which buy loans from mortgage lenders, have estimated that 15 percent to 50 percent of the subprime loans they bought in 2005 went to borrowers whose credit scores indicated they were qualified for prime loans."
Seriously, what? I've seen other numbers about discriminatory lending practices (most of which have been contested by lenders due to methodology), but the only methodology here is criteria used by a Government-Sponsored Enterprise regarding loan approvals. I don't even have anything articulate to say about this.
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Also, the Nuggets lost today in what was just an awful game to listen to (on internet radio). When they succeed, it seems like a foregone conclusion; when they screw up, it's like tonight, when they missed 11 free throws and shot 4-of-21 from behind the arc to lose by three. Oh, and while I was listening, they missed several layups and tip-ins, but still managed to shoot 49.4% from the field (which, doing a little math is 58.9% from two). It's just inexplicable how good they are at the mid-range iso game and beating their man off the dribble and throwing no-look passes, which are talent-intensive, and have even started out-rebounding a lot of teams, which is hustle-intensive, but SO BAD at things like open-look catch-and-shoots, perimeter defense, and, recently, free-throw shooting (tho they get to the line as often as any team in the NBA). Aiyah. Really fun to watch, but so hard not to yell at the tv about. Seriously, they should be winning games like tonight by a wide margin, not losing because they missed a bunch of ill-advised threes down the stretch.
"Freddie Mac and Fannie Mae, which buy loans from mortgage lenders, have estimated that 15 percent to 50 percent of the subprime loans they bought in 2005 went to borrowers whose credit scores indicated they were qualified for prime loans."
Seriously, what? I've seen other numbers about discriminatory lending practices (most of which have been contested by lenders due to methodology), but the only methodology here is criteria used by a Government-Sponsored Enterprise regarding loan approvals. I don't even have anything articulate to say about this.
-----
Also, the Nuggets lost today in what was just an awful game to listen to (on internet radio). When they succeed, it seems like a foregone conclusion; when they screw up, it's like tonight, when they missed 11 free throws and shot 4-of-21 from behind the arc to lose by three. Oh, and while I was listening, they missed several layups and tip-ins, but still managed to shoot 49.4% from the field (which, doing a little math is 58.9% from two). It's just inexplicable how good they are at the mid-range iso game and beating their man off the dribble and throwing no-look passes, which are talent-intensive, and have even started out-rebounding a lot of teams, which is hustle-intensive, but SO BAD at things like open-look catch-and-shoots, perimeter defense, and, recently, free-throw shooting (tho they get to the line as often as any team in the NBA). Aiyah. Really fun to watch, but so hard not to yell at the tv about. Seriously, they should be winning games like tonight by a wide margin, not losing because they missed a bunch of ill-advised threes down the stretch.
posted by sam at
12:49 PM
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