Birdwatch Note Rating
2024-03-01 22:59:55 UTC - NOT_HELPFUL
Rated by Participant: 60918F23423749642D9BBA50D20D1B9B584BAF2F75AE300917EE0D4AEFCCD34C
Participant Details
Original Note:
Original note is laughable, and the writer has zero understanding of how real estate, collateralized loans work. Borrower estimates value & asks for loan. Bank then estimates the true value of the property and issues the loan for the amount THE BANK decides loan-to-value https://youtu.be/80RZs9Fhz3Y?si=s3OTvEIC3hSd89ln
All Note Details