Newest subprime mortgage scam from Fannie Mae

Posted in News Economy Current Events
Log In or Join to Comment

You must be logged in to reply to this topic.

Viewing 3 posts - 1 through 3 (of 3 total)
  • Posts
  • D Graber
    January 9, 2016 at 10:37 am
    D Graber

    .
    , You’re not gonna believe this utterly stupid (with “doomed to fail” baked into) Fannie Mae’s latest “HomeReady” worse-than-subprime home mortgage program, just announced yesterday:
    ,
    ,

    ,

    , This is the groundwork for another subprime crash. Having fine tuned the process of how to make big bucks from the housing foreclosures of the 2008 crash, Wall Street, their TBTF banks and the hedge fund and private equity firms are poised to go hunting for fresh meat.
    ,
    ,
    ,

    ,

    Definition of a term used at the end of the article:

    ,

    ,

    ,

    NINJA — No income, No job, No assets.
    ,
    ,
    , –Dee
    ,
    , .
    Jackie Lange
    January 9, 2016 at 6:30 pm
    Jackie Lange

    this is totally insane to offer this kind of loan again.

    Hank Baltar
    January 10, 2016 at 11:55 pm
    Hank Baltar

    Deja vu all over again.

    Beating ones head against a brick wall repeatedly should make one decide to quit at some point in time? But not with the Federal government.

Log In or Join to Comment
Viewing 3 posts - 1 through 3 (of 3 total)

You must be logged in to reply to this topic.