Phase 2 of the Real Bailoutâ„¢ is here
invite response
2008 Feb 27, 2:33am 26,776 views 273 comments
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272
Malcolm
2008 Feb 28, 2:27am
Malcolm
2008 Feb 28, 2:27am
And guys, please, if you do take your gold in to a coin shop DO NOT wear a fanny pack on the way out. Not only might you get robbed, but you are likely to get your ass kicked for making that kind of fashion statement.
Not financial advice.
273
yodaking
2008 Mar 4, 5:36pm
(sorry; I posted this question in other threads)
Hi, I was hoping somebody here could point me to a good free foreclosure listings site? (if it even exists) All the ones I see, you have to pay to access full listings.
Much appreciated in advance.
Cheers
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Fannie Mae, Freddie Mac Portfolio Caps Will Be Lifted (Update2)
Phase 1 : Congress raised the GSE (Fannie and Freddie) conforming loan limit from $417,000 to $729,000.
Phase 2 : Congress instructs the OFHEO to lift portfolio caps on the GSEs (which were placed there because of GSE "accounting irregularities" and concerns about the GSE's size/share of market).
Next up...
Phase 3 : Eliminating all qualifying “standards†on the type of mortagages the GSEs can buy: allowing no-docs/NINJAs, neg-ams, I/Os, option ARMs and assorted hybrids.
Phase 4 : Congress making implicit GSE guarantees explicit, and taxpayers assuming/liquidating the portfolios of the soon-to-be bankrupt GSEs (RTC, part II)
Can’t happen, you say? Never say “never†where a bought-off "Socialize all losses" Con-gress and whining, clueless, bleating "why me?" sheeple are concerned.
HARM