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To: whitedog57

You will delighted to know that the “subprime loans” that were the genesis of the whole debacle are now being made - by the billions - in FHA. They have just cut out the middlemen.


6 posted on 06/23/2010 5:16:28 AM PDT by gartrell bibberts (Sadly, liberals are often well educated but ignorant of history,.economics and civics.)
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To: gartrell bibberts

They’re just kicking it down the road ... but now it’s a little girly kick ... 3.5% down in a market with prices falling a minimum of 10% a year and everybody worried about any bump to their situation killing their ability to pay... Needless to say this won’t help.


7 posted on 06/23/2010 5:59:02 AM PDT by Neidermeyer
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