To: trumandogz
Re-fi re default rate = 70% within 12 months.
That just means they get another year's worth of subsidized rent on a single family dwelling.
yitbos
5 posted on
09/30/2009 11:13:50 PM PDT by
bruinbirdman
("Those who control language control minds.")
To: bruinbirdman
And yes, I am one of those people who were forecasting the housing bubble collapse. Simple very basic math.
Consider this your “I told you so.” for the evening.
7 posted on
09/30/2009 11:28:48 PM PDT by
MrEdd
(Heck? Geewhiz Cripes, thats the place where people who don't believe in Gosh think they aint going.)
To: bruinbirdman
Right you are. The longer the Feds keep fooling around with this the longer it will take to clear up. Every foreclosed house will sell....at some price.
Let the free market work. Some people will be hurt financially, some will become very wealthy.
13 posted on
10/01/2009 3:46:57 AM PDT by
Jimmy Valentine
(DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson