april fools: Bush says " No Way" to FHA
- 04/01/08 02:00 AM
Bush Vetoes Changes to FHA Guidelines, April 1 2008 Despite the potential relief for thousands of home owners, President Bush announced yesterday that they will not make changes to the current FHA guidelines. He sited many reasons including an "over correction" of the Housing Market that will create another build and bust of house values. Market analysts believe this late change will destroy consumer optimism and send rates on a roller coaster ride for the next few months. FED Chairman Ben Bernanke was quoted as saying "April Fools!" Ha Ha! I am sure that paragraph made a few of your stomachs drop. On (9 comments)