He is saying let F&F refinance
its just another way to skin a cat.
Partially correct from my understanding... Obama wants the Gov to let everyone do PAID for by increasing bank fees, which means the citizens get shafted.
This guy wants to limit it the Fannie and Freddie [GSEs] borrowers which the Gov already guarantee.... i believe his argument is in addition helping those borrowers but it would reduce the number of foreclosure that the Gov/Taxpayers would have to payout. Reducing the Gov/taxpayer exposure and doing it with screwing others is a good thing/
Partially correct from my understanding... Obama wants the Gov to let everyone do PAID for by increasing bank fees, which means the citizens get shafted.
This guy wants to limit it the Fannie and Freddie [GSEs] borrowers which the Gov already guarantee.... i believe his argument is in addition helping those borrowers but it would reduce the number of foreclosure that the Gov/Taxpayers would have to payout. Reducing the Gov/taxpayer exposure and doing it with screwing others is a good thing/