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

To: Onerom99
The US Economy is going to freefall into an abyss not seen in nearly 80 years!!

These particular mortgages amount to 5% of the total.
1,206 posted on 09/24/2008 2:23:41 PM PDT by aruanan
[ Post Reply | Private Reply | To 627 | View Replies ]


To: aruanan

97% of all mortgages are being paid on time.


1,231 posted on 09/24/2008 2:27:54 PM PDT by Nascar Dad (www.AntiMicrobialProduct.com)
[ Post Reply | Private Reply | To 1206 | View Replies ]

To: aruanan

I was at a local bank depositing checks today and found out there is NO credit for mortgages because no one will underwrite no matter how good the credit of the borrower. It is affecting a lot of places. Got my car serviced and found out Toyota is not writing car loans right now — no underwriting here.

This is Oklahoma that it is affected with a 4% unemployment rate so tell me it is not even worse elsewhere.

Time to act and then go after the culprits who caused it.


1,276 posted on 09/24/2008 2:35:45 PM PDT by PhiKapMom ( BOOMER SOONER -- VOTE FOR McCAIN/PALIN2008! LetsGetThisRight.com)
[ Post Reply | Private Reply | To 1206 | 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