Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Broadside Joe
Oh and I forgot to mention that at one time at least, the MIP (mortgage insurance premium) which insures about the top 20% of the loan amount, actually turned a profit.

Yes you heard it here folks, a government program that was actually self sustaining. (don't know if it still is though)
19 posted on 02/01/2004 6:21:14 AM PST by Broadside Joe
[ Post Reply | Private Reply | To 17 | View Replies ]


To: Broadside Joe
The home building industry must be kept active ... if there is no one to buy the homes ... just give them away.

Single family home building is the benchmark of the economy.
I fear someone is trying to headfake us.
21 posted on 02/01/2004 6:31:43 AM PST by CFW
[ Post Reply | Private Reply | To 19 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson