Chuck

land acquisition. homebuilding. building toward an agent-native homebuilder.

[Chuck @ChuckJ_III]

@suraj_sharma14 Nice, sounds like Im on good track; done 5, 7, 12. Working on 1, 3, and 7 currently. Had instincts on 10, but good to know. And the rest sounds fun. Never thought I'd find myself here, only just realizing recently that Im well suited for this FDE stuff. The learning continues!

[Chuck @ChuckJ_III]

@avrldotdev What resources do you recommend?

[Chuck @ChuckJ_III]

@GonnabeNikhil @AndrewYNg What do you think is a good text or course for those fundamentals?

[Chuck @ChuckJ_III]

My life the last few months..

[Chuck @ChuckJ_III]

@MansiCodez Wouldn't you use hyperloglog?

[Sawyer Merritt @SawyerMerritt]

2026 is going to be an epic year!

SpaceX:
• First launch of Starship V3, including the debut of the Raptor V3 engine
• First launch of Starlink V3 satellites, bringing gigabit connectivity
• Potential IPO

Neuralink:
• First patient will receive the new Blindsight brain chip implant, designed to restore vision for people who are completely blind
• Expanded rollout of the Telepathy brain chip implant to more patients with mobility issues

The Boring Company:
• First segment of the Nashville Loop expected to become operational as early as Spring 2026, eventually connecting downtown Nashville and the Convention Center to Nashville International Airport once the Loop is completed.
• Opening of its first tunnel to Harry Reid International Airport in Las Vegas in Q1 2026, capable of transporting up to 20,000 passengers per hour at 50–80% lower cost than Uber.

Tesla:
• Optimus Gen 3 robot enters production
• Cybercab production begins in April
• Tesla Semi enters mass production
• Launch of FSD (Unsupervised)
• Expansion of robotaxi services
• Megapack 3 and Megablock production begins
• Launch of a new residential solar panel
• Next-gen Tesla Roadster unveil

xAI:
• Colossus 2, the single largest and most powerful datacenter in the world, becomes operational
• Launch of Grok 5
• Deeper Grok integration into Tesla vehicles
• Launch of X Money

And more much!🚀🚗🔋🤖⚡️

[Chuck @ChuckJ_III]

@Jacobsklug @lovable_dev Prompts

[Chuck @ChuckJ_III]

@TheDamaniFelder This is such a dumbass point, that man should also be in jail. Is your argument that two wrongs make a right? Or just implying that your opponent is a hypocrite? Both are dumb, the first for obvious reasons, the latter bc its ad hominem, as it doesnt address the argument

[Chuck @ChuckJ_III]

@jackunheard Lock em up

[Chuck @ChuckJ_III]

@piersmorgan Yea, and they were all war criminals and all deserve to be in prison. Now address the actual argument.

[Harrison H. Smith ✞ @HarrisonHSmith]

Welp, I was wrong.

I trusted Trump to put America first and avoid the ONE FUCKING THING that could derail MAGA.

Based on his track record, his promises during the campaign, and the abject stupidity of another Mideast war, I thought he knew better.

We have been betrayed.

[Chuck @ChuckJ_III]

@SpeakerJohnson False. You all gotta go. Clean house

[Chuck @ChuckJ_III]

@AOC Probably the only thing you've ever said that I agree with

[Chuck @ChuckJ_III]

@twobitidiot Sloppy. Unfortunately, while we might agree on how DEI impairs our ability to to have a reliable expectation of merit, your summation is still nothing more than bigotry and you're just using the distortion caused by DEI as cover for being able to say some racist shit.

[Chuck @ChuckJ_III]

@DrClownPhD This dude rolls for sure

[Chuck @ChuckJ_III]

Whoah..

[Invictus Trader @RobertSuteu1]

Is Rocket Mortgage’s “ONE+” program the next subprime threat?

Let’s break down what this new product is, how it works, and why it could set the stage for a modern version of 2008-style risk.

Rocket Mortgage launched the ONE+ program to help buyers purchase a home with only 1% down.

That’s right—just 1% from the borrower.

The remaining 2% is covered by Rocket to meet the required 3% minimum for conventional loans.

Sounds generous… but let’s dig deeper.

At face value, this helps buyers get into homes faster—especially first-time buyers and those with lower income.

It’s pitched as a “path to homeownership” for people priced out of the market.

But programs like this introduce leverage and fragility into the system.

Here’s the risk math:

•Buyer puts down 1%

•Rocket gives 2% “grant”

•Borrower now has 97% loan-to-value (LTV)

•No skin in the game beyond that 1%
If the market dips just 3%, they’re underwater.

The problem? These loans look like prime loans on paper—they’re Fannie Mae/Freddie Mac conforming.

But the borrower equity and risk dynamics are subprime in spirit.

Low down payments + rising rates + stagnant wages = default powder keg.

Now scale it.

If Rocket originates tens of billions in these ONE+ loans, and they’re securitized into MBS (mortgage-backed securities), we recreate a 2005–2007 scenario:

•Loans that “look” safe
•Hidden default risk
•Mass pooling & offloading to investors

Sound familiar?

Further compounding the issue:

•These borrowers are often rate-sensitive

•If job loss or hardship hits, they can’t refi easily

•Negative equity eliminates selling as a way out

•Defaults rise = MBS losses = contagion risk

Here’s the kicker:

Most of these ONE+ loans are being packaged into agency MBS, which are guaranteed by Fannie/Freddie.

So if these loans default en masse, it’s not Rocket holding the bag—it’s taxpayers backing the agencies.

This mirrors how the GSEs were used before 2008: funneling risky but “prime-looking” loans into securities that are widely held by banks, pension funds, and sovereigns.

If this segment grows too fast, it could destabilize the MBS market from the inside.

Rocket isn’t alone—other lenders are testing low-down-payment products.
But ONE+ is particularly aggressive. 1% borrower equity is a rounding error in a falling market.

A 10% home price drop (very possible) = mass defaults.

So what’s the takeaway?

Rocket’s ONE+ might seem like a boost for homeownership—but it’s a Trojan horse for systemic fragility.

If this grows unchecked, and defaults rise, it could ripple through the MBS market, just like the subprime crisis did—only wrapped in agency paper.

ONE+ isn’t dangerous by itself.
But if:

•Loan volumes explode
•Home prices stagnate or fall
•Unemployment rises

…then the risk multiplies.

The next MBS shock might not come from “subprime” loans—it may come from products labeled “inclusive.”

#RealEstate #RocketMortgage #MBS #Subprime  #ONEplus #FinancialCrisis #HousingMarket #RocketMortgage #ONEplus #MBS

[Chuck @ChuckJ_III]

@jimstewartson Great way to announce to the world that you have not read the Supreme Court decision

[Chuck @ChuckJ_III]

@bennyjohnson I cannot believe someone would take their kid on this walk and film it... I would walk any extra long detour to avoid this. Cringey

[Chuck @ChuckJ_III]

@haobinworld @basedmasses @PopBase This fact is irrelevant to his claim

[Chuck @ChuckJ_III]

@krystalball You clearly didn't read the decision...