Deb's comments: Hmmmm.....raising the ceiling amount that FHA can lend to, and lowering the required downpayments, easing up on credit requirements.......isn't this exactly how we got into this economic mess to begin with? So FHA is going to begin doing subprime loans, this time at taxpayers expense if borrower's default, instead of at the bank's expense. Hmmm....this is a "solution"???? I give up, what am I missing here???The Mortgage Lender Implode-O-Meter News Pick-ups: California Attorney General Jerry Brown Subpoenas Countrywide
The Mortgage Lender Implode-O-Meter News Pick-ups: Canada investor group misses debt deal deadline
The Mortgage Lender Implode-O-Meter News Pick-ups: Montreal Proposal down to wire
Maranatha!
Deborah
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