http://www.richdadwisdom.com/2009/09/how-deep-must-you-dig-to-pay-the-mortgage/ Layman's view of Kiyosaki "Rich Dad, Poor Dad" and his other works. Mon, 30 Aug 2010 15:05:04 -0400 http://wordpress.org/?v=2.9.2 hourly 1 http://www.richdadwisdom.com/2009/09/how-deep-must-you-dig-to-pay-the-mortgage/comment-page-1/#comment-11928 How Deep Must You Dig to Pay the Mortgage? | Robert Kiyosaki Blog Thu, 03 Sep 2009 07:09:18 +0000 http://www.richdadwisdom.com/?p=807#comment-11928 [...] My guess is that few if any borrowers are going to get caught by the “sufficient liquid assets” rule, that Treasury knows this and put the rule in to cover its backside. It does not want to read press reports about a borrower with millions in the bank successfully obtaining a rate reduction. If it happens, it can be blamed on the servicer. From this standpoint, leaving the rule undefined makes perfect sense. More: How Deep Must You Dig to Pay the Mortgage? [...] [...] My guess is that few if any borrowers are going to get caught by the “sufficient liquid assets” rule, that Treasury knows this and put the rule in to cover its backside. It does not want to read press reports about a borrower with millions in the bank successfully obtaining a rate reduction. If it happens, it can be blamed on the servicer. From this standpoint, leaving the rule undefined makes perfect sense. More: How Deep Must You Dig to Pay the Mortgage? [...]

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