“One lender could have been really strict and specific about the borrower providing the documentation to prove that they were affected by the Sept. 11 attacks, and another banker may not have, or may have had ulterior motives for approving loans.”
“Every area in the country is subject to some kind of disaster - flood, hurricane, earthquake, to name a few. Even man-made disasters - oil spill, civil unrest, fire - can devastate the surrounding neighborhood and economy. Even though an area has never been damaged before, there is no guarantee that it will not happen tomorrow.”
“Be a little pessimistic now, and assume it can happen to you. Develop a disaster plan for your home or business now so you can rest a little more easily in the future.”