“When the Obamas secured the loan, their income had risen dramatically. Obama assumed his Senate seat in January 2005, with an annual salary of $162,100. That same month, Random House agreed to reissue an Obama memoir, for which it originally paid $40,000, as part of a $2.27 million deal that included two future nonfiction books and a children’s book.”
they need more specifics: ‘better than the average’ doesn’t mean much. He was low risk given the income.
You're right. 30 basis points better than average, isn't much for someone whose credit score is above average. That's why it's called an "average".Typical WaPo hit piece, crap reporting. They probably want to hit-job McCain next, and this BS gives them cover.