In response to:

When Will Fannie Mae and Freddie Mac Finally Get It

Dr_Zinj Wrote: Apr 11, 2013 10:09 AM
"Our President is again thinking about having borrowers with extremely poor credit and low income come back into the mortgage market and buy homes with government help." Our President is criminally stupid and for even uttering such an obscenity ought to have a Hellfire missile dropped on his head.
gjmlb Wrote: Apr 12, 2013 6:55 PM
incorrigible stupidity, making the same mistake over and over.........or is it? Is it a mistake or a part of an overall plan to bankrupt this country? Makes one wonder.

 


In the big financial mess that started in 2008 how many houses with a 60% loan to value or less were foreclosed upon? How many borrowers with at least a quarter of a million dollars in liquid assets lost their house? Keep these questions in mind as we will touch upon them soon.

            I have been in the mortgage business...