Non-IT News Thread
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@bnrstnr said in Non-IT News Thread:
@Dashrender said in Non-IT News Thread:
@RojoLoco said in Non-IT News Thread:
@JaredBusch I feel that pain. Wells Fargo is my mortgage holder/servicer.
I had them for 5 years - never had a problem, not once.
Of course - i was never late with my payments either.
The only problems I've had with them is that their account people have no idea how to calculate what to take out for escrow. Every year they send me a check because they take too much. I've tried calling and going over the numbers with them, and they just don't get it. I'm half tempted to just say screw the escrow altogether if they'll let me. Referring to the stupid letter at the end of the year saying "you have these choices for your escrow payment... if you do nothing your payment will automatically raise to this amount"
Now that I type this it totally seems like a scam, given Wells Fargo's reputation. Take way more escrow from every single customer and profit on the interest. Bastards.
I cancelled my ESCROW account as of last year for a couple reasons. I'm one who shops around home/auto insurance annually and every time I switch home insurance it's a nightmare. As you say, the amount they deduct is always off, and usually on the high side (although this makes sense on their end to ensure that always have sufficient funds). Plus it puts me in control to hold my money and earn interest on it and pay my property taxes in the most tax efficient way for me.
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@bnrstnr said in Non-IT News Thread:
@Dashrender said in Non-IT News Thread:
@RojoLoco said in Non-IT News Thread:
@JaredBusch I feel that pain. Wells Fargo is my mortgage holder/servicer.
I had them for 5 years - never had a problem, not once.
Of course - i was never late with my payments either.
The only problems I've had with them is that their account people have no idea how to calculate what to take out for escrow. Every year they send me a check because they take too much. I've tried calling and going over the numbers with them, and they just don't get it. I'm half tempted to just say screw the escrow altogether if they'll let me. Referring to the stupid letter at the end of the year saying "you have these choices for your escrow payment... if you do nothing your payment will automatically raise to this amount"
Now that I type this it totally seems like a scam, given Wells Fargo's reputation. Take way more escrow from every single customer and profit on the interest. Bastards.
I got a check back my first year, ever since then they keep predicting escrow shortages, so my payment ends up going up like $25 or so each year. But they have been reasonably close, as my property taxes keep rising.
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@RojoLoco said in Non-IT News Thread:
@bnrstnr said in Non-IT News Thread:
@Dashrender said in Non-IT News Thread:
@RojoLoco said in Non-IT News Thread:
@JaredBusch I feel that pain. Wells Fargo is my mortgage holder/servicer.
I had them for 5 years - never had a problem, not once.
Of course - i was never late with my payments either.
The only problems I've had with them is that their account people have no idea how to calculate what to take out for escrow. Every year they send me a check because they take too much. I've tried calling and going over the numbers with them, and they just don't get it. I'm half tempted to just say screw the escrow altogether if they'll let me. Referring to the stupid letter at the end of the year saying "you have these choices for your escrow payment... if you do nothing your payment will automatically raise to this amount"
Now that I type this it totally seems like a scam, given Wells Fargo's reputation. Take way more escrow from every single customer and profit on the interest. Bastards.
I got a check back my first year, ever since then they keep predicting escrow shortages, so my payment ends up going up like $25 or so each year. But they have been reasonably close, as my property taxes keep rising.
Yeah, same here. Mine tends to be over, but just a tiny bit. I prefer the peace of mind.
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MoviePass owner delisted from Nasdaq
Helios & Matheson Analytics, the parent company of movie-subscription service MoviePass, was delisted from the Nasdaq exchange on Tuesday. The company's shares had been trading for less than $1 since July, a violation of the exchange's standards. Helios has struggled to build a sustainable business model for MoviePass, which has incurred losses after it began charging $9.95 for unlimited access to theatrical releases. To cover the losses, Helios issued billions of new shares, prompting a massive decline in share value, Business Insider reports.
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They dropped from $2,000 a share to just $0.08 a share! That's a decline of 25,000 times!
If you invested $50,000 in MoviePass two years ago, you'd have a whopping $2 today.
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Isn't there a process or research that needs to be done before to prevent stupid decisions like that?
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@black3dynamite said in Non-IT News Thread:
Isn't there a process or research that needs to be done before to prevent stupid decisions like that?
Obviously not.
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@black3dynamite considering how little effort they put into it looking acceptable, it seems far fetched to think that they did any research at all.
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Yeah that Gucci sweater is just bad. It doesn't even look "like Gucci" unless I'm now supposed to think gucci:racism
The article is worth a read as well. Apparently they released this sweater during BHM.
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Amazon cancels New York City campus plan
http://www.bbc.co.uk/news/business-47245877 -
@scottalanmiller said in Non-IT News Thread:
Amazon cancels New York City campus plan
http://www.bbc.co.uk/news/business-47245877I'm not overly surprised by this. Our tax laws here would make it incredibly difficult for any major corporation want to setup a HQ here.
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Trump 'to declare emergency' over wall
http://www.bbc.co.uk/news/world-us-canada-47247726 -
@scottalanmiller said in Non-IT News Thread:
Trump 'to declare emergency' over wall
http://www.bbc.co.uk/news/world-us-canada-47247726In follow-up news "Trump doesn't realize he is stealing from Peter to pay Paul and ISIS resurges"
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Rocket Report: Russia’s new spacecraft; is the US sabotaging Iranian rockets?
“NASA has issued a stop work order on the agency’s Lucy mission."
US may be sabotaging Iranian launch efforts. As noted previously in this newsletter, Iran's two recent rocket launch attempts (on January 15 and February 5) both failed. That is part of a pattern where 67 percent of the country's launch attempts have failed during the last 11 years. The New York Times reports that the Trump White House has accelerated a secret American program to sabotage Iran's missiles and rockets, which is part of an expanding campaign by the United States to undercut Tehran's military and isolate its economy.
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@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
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@Obsolesce said in Non-IT News Thread:
@scottalanmiller said in Non-IT News Thread:
Hulu dropping basic subscription pricing from $8 to $6 per month.
That's still $12 too much.
Why? Oh they should be paying you $6/m to watch their streaming service?
