Off-Topic: subprime loans--HERE WE GO AGAIN !!!
(Lake Colorado City Specific)
0 messages
Updated
Lakes Online Forum
83,686 messages
Updated 6/19/2024 3:46:15 AM
Lakes Online Forum
5,198 messages
Updated 6/19/2024 3:45:44 AM
(Lake Colorado City Specific)
0 messages
Updated
Lakes Online Forum
4,170 messages
Updated 6/10/2024 6:29:37 PM
Lakes Online Forum
4,261 messages
Updated 5/28/2024 6:31:10 AM
Lakes Online Forum
2,978 messages
Updated 6/18/2024 10:06:11 AM
Lakes Online Forum
98 messages
Updated 4/15/2024 1:00:58 AM
|
|
|
|
Name:
|
MartiniMan
-
|
Subject:
|
subprime loans--HERE WE GO AGAIN !!!
|
Date:
|
3/4/2015 8:26:26 AM
|
|
The administration is pushing lenders once again to make more sub prime loans, lower the underwriting standards and dowm payment requirements and force Fannie and Freddie to further distort the markets. This is indeed groundhog day and I for the life of me cannot understand why they want to saddle people with loans they can't repay with even the slightest hiccup and cause another meltdown. The only possible motovation is to artificially drive up home prices or spur demand for new home construction. This is a ponzi scheme that is always doomed to fail....albeit on the next administration's watch. It is really, really sick.
|
|