[fso301]

How exactly is a rather small tax break for companies that face one of the highest corporate rates in the world a bailout?

I wasn't talking about tax breaks, I was speaking about raising the conforming conventional loan amount from $417,000 to $729,750. Fannie Mae, Freddie Mac and possibly FHA will now be able to buy residential mortgages from lending institutions up to $729,750.

[untrained skeptic]

I wasn't talking about tax breaks, I was speaking about raising the conforming conventional loan amount from $417,000 to $729,750. Fannie Mae, Freddie Mac and possibly FHA will now be able to buy residential mortgages from lending institutions up to $729,750.

Ahh, I wasn't aware of that. I agree that the government should not be getting involved with such high value loans. They shouldn't be getting so involved with the lower value loans as much as they do either, but this is a big step in the wrong direction.

Thanks for brining that to my attention.