[whitedog57]

GROW government is his true agenda. Lying in front of a midyear election is the plan.

[forgotten man]

0bama is an economic illiterate. Everything he has ever touched in business and economics has turned to sh*t. He has the Mudas touch.

[Wuli]

there is nothing wrong in the private markets with the 30-year fixed-rate mortgage;

it often now does not remain in the hands of it’s orginal source of funds, is sold, often more than once during the 30 years, when its holder wants cash (at that time) rather than the revenue stream of the payments

the difference in 1930 was also that back then a
bank made a mortgage and held it to the end; not
so often anymore

[drypowder]

sheesh, you know how to tell when the obozo hussein is lying...................good lord

[Rodamala]

Like I said before the ZOT... his purple lips are moving.

[Cheerio]

Obama's Speech On Free Markets For Housing Was A Complete Lie

There I fixed it for all time - should cover eight years or more that he intends to occuy the office of KING.

[mjp]

Obama is suggesting a NEW Fannie Mae, the preservation of the 30 year fixed-rate mortgage, and expanding the credit box (aka, relaxing credit requirement for mortgages). And 5% down payment mortgages (which The Fed calls semi-prime).

Now, we already have inflation, so, he just needs to keep interest rates artificially low, and we will soon have a nice new fresh housing bubble in no time, ready to burst and bring about a new recession.