Quote:
Originally Posted by nmap
Rumor control suggests you'll see a lot more of it. See the next-to-the-last paragraph on page 6.
LINK
Excerpt:
To be sure, there is growing chatter that the Fed is once again going to come to the rescue and Barron’s hints strongly at a coming $2 trillion quantitative easing program. The rumour mill is filled with talk of how the Administration is cooking up a new scheme, through the channels of Fannie and Freddie, to forgive part of the mortgage loans for distressed homeowners who are “upside down” (ie, negative net equity in their home) — a huge fiscal expansion that could bypass Congressional approval. |
Nmap, besides that check out this little video on FHA
(You need to put it together b/c I'm not sure about posting links and if there maybe any back tracking issues)
http://www.
thinkbigworksmall.com/mypage/archive/1/52542/
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"This is the law: The purpose of fighting is to win. There is no possible victory in defense. The sword is more important than the shield and skill is more important than either. The final weapon is the brain. All else is supplemental." - John Steinbeck, "The Law"
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