I’ve been saying for years that some of our neighbors must be embezzling money from somewhere to be taking annual trips to both Disneyworld and the Jersey Shore all while sending their kids to private schools and driving Volvos and Lexuses. Turns out at least some of them were doing the refinance ATM. It’ll be interesting to see what happens to them now that their home equity cash cows have been slaughtered.
Jingle mail I bet.