mortgage: Is The Government Mortgage Loan Bail out a Good Idea? - 07/30/08 06:25 AM
Is The Government Mortgage Loan Bail out a Good Idea?

Is The Government Mortgage Loan Bail out a Good Idea?
At 7am today President Bush signed the new program into existence. The bill, the biggest overhaul of housing law in decades, provides a lifeline for an estimated 400,000 homeowners facing foreclosure, and provides assurances to the mortgage giants Fannie Mae and Freddie Mac, whose books are loaded with bad mortgages.
House republicans were very against the bail out. Initially President Bush said he would veto the bill because it was very socialistic but later changed his mind saying some relief was … (3 comments)

mortgage: Freddie Mac, Fannie Mae and Tomatoes - 07/22/08 03:50 AM
   First the government tells us tomatoes are the cause of salmonella and now they tell us that it was jalapeños instead. This has cost tomatoes farmers a tremendous amount of money and many of them may go out of business because of the governmental intervention.
    Now the governmental bail out of Freddie Mac and Fannie Mae may cost 25 billion dollars with a "B". Congress is expected to vote this week on a housing measure that would give the Treasury Department authority to throw Fannie and Freddie a temporary lifeline. Many critics think this will expose tax payers to billions … (1 comments)

 
HOPE4USA (www.HOPE4USA.com), HOPE4USA - Your Charlotte, NC Credit Experts! (HOPE USA Inc.)

HOPE4USA (www.HOPE4USA.com)

HOPE4USA - Your Charlotte, NC Credit Experts!

Fort Mill, SC

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