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FEC Investigation Confirms Obama Received Discount Mortgage
Judicial Watch ^ | 2/9/09 | unknown

Posted on 02/13/2009 8:08:23 PM PST by FromLori

FEC Dismisses Judicial Watch Complaint Alleging Northern Trust Provided Obama Special Discounts on "Super Super Jumbo" Home Loan Judicial Watch, the public interest group that investigates and prosecutes government corruption, announced today that the Federal Election Commission (FEC) has "closed the file" on Judicial Watch's complaint against Senator Barack Obama for allegedly accepting a below market rate mortgage loan in 2005 not available to the general consumer. In its factual and legal analysis the FEC confirms Obama obtained a discounted loan but said no laws were violated.

According to Judicial Watch's original FEC complaint, filed July 8, 2008, the Illinois Senator reportedly received a home loan of $1.32 million at a rate of 5.625 percent, although the average going rate on that day according to two different surveys was between 5.93 and 6 percent. Unlike what was reportedly available for the general consumer, this special below market "super super jumbo" loan, was secured without an origination fee or discount points.

(Excerpt) Read more at judicialwatch.org ...


TOPICS: Government
KEYWORDS: loans; obama; obamashouse; realestate; realestatedeals

1 posted on 02/13/2009 8:08:23 PM PST by FromLori
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To: FromLori

It’s good to be king.


2 posted on 02/13/2009 8:10:07 PM PST by gimme1ibertee ("No pale pastels,but bold colors".....Ronnie,we sure do miss you,sir!)
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To: gimme1ibertee

yeah, but the higher they go, the harder they fall


3 posted on 02/13/2009 8:18:35 PM PST by two23 (Jack Bauer: "When are you people gonna stop thinking everyone is playing by your rules?")
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To: two23

You should go look at the thread that has a list of names and addresses of various Barack Obama versions of his name.

It appears to be a lot of voter fraud or some kind of shenanigans.


4 posted on 02/13/2009 8:20:14 PM PST by RummyChick
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To: gimme1ibertee
It’s good to be king.

Wow, is that ever correct. It's hard to believe that JW, Peter Paul , etc. waist their time going after the elites.

5 posted on 02/13/2009 8:22:07 PM PST by Digger (If RINO is your selection, then failure is your election)
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To: FromLori

Comm’on! What’s a few hundred K among friends!

Ya gotta support Muslims that are acting like street pimps, jes to be sure that Chi-town don’t git themselves into a race riot.

We be goin home for Valentines Day! Screw you Amerikans!

I be chillin wit my buddy Bill Ayers! He be tellin’ me what to do nex week when I be back to DC!


6 posted on 02/13/2009 8:27:06 PM PST by aShepard (Maybe 12/6 is the time to launch a constitutional amendment that lays out POTUS requirements!)
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To: FromLori

And look what house he gets for free from US for 3 trillion dollars worth of debt. And I thought that slavery was a bad thing.. Animal Farm is now reality... some pigs are more equal than the rest of the animal kingdom... Scientific methodology can pat itself on it’s Darwinist backs.


7 posted on 02/13/2009 8:28:45 PM PST by Just mythoughts
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To: RummyChick

How do I find it?


8 posted on 02/13/2009 8:36:34 PM PST by ladyL (.)
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To: ladyL

This thread..lots of shenanigans going on ..look at the list with all the names and addresses...addresses that don’t exist or are shopping malls, etc.

http://www.freerepublic.com/focus/news/2185362/posts?page=73


9 posted on 02/13/2009 8:59:20 PM PST by RummyChick
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To: two23
yeah, but the higher they go, the harder they fall

Problem is, "they" take an entire republic down with them.
10 posted on 02/14/2009 9:07:11 AM PST by gimme1ibertee ("No pale pastels,but bold colors".....Ronnie,we sure do miss you,sir!)
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