[Hydroshock]

No Banker Bailouts!!

[Eagles Talon IV]

Despite the (expected) whining of CNN this is good news indeed!

[RC2]

If the loan companies like American Mortgage have to go out of business, write of the loans on the homes and tell the people they are payed off. If you do this one time, other companies will watch what they are doing.

[Brilliant]

It’s the stupid @ss government that encouraged lenders to make these idiot loans to begin with.

[BlabItGrabIt]

A survey by Moody's found that most subprime-loan servicers this year had modified only about 1 percent of their adjustable-rate mortgages (ARMs) that had reset to higher rates by the end of July.

Only about 1 percent--hmmmmmmm.

Perhaps the subprime "crisis" is partisan politics to get dims into he White House, as only roughly .5% of so-called subprimes are in trouble, according to the unreported actual data