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A Subprime Loan Primer
email ^ | 10/01/2008 | FGS

Posted on 10/01/2008 11:25:35 AM PDT by ForGod'sSake



TOPICS: Crime/Corruption; Government; News/Current Events; Political Humor/Cartoons
KEYWORDS: bailout; homeloans; mortgagecrisis; subprime; subprimeloans
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To: ForGod'sSake; Fiddlstix; PhilDragoo; Liz; onyx; potlatch; devolve; MEG33; Grampa Dave; Lady Jag; ...

bump!

ping!


21 posted on 10/01/2008 10:43:35 PM PDT by MeekOneGOP (Obama, WHO is Bill Ayers and WHY are you still friends with him? Please RSVP asap!)
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To: MeekOneGOP

Thank you Meek. Adding this to the Time Machine:

http://www.freerepublic.com/focus/f-bloggers/2093845/posts

[Bailout Link Page]


22 posted on 10/02/2008 4:09:12 AM PDT by Arthur Wildfire! March (Fannie + Freddie = Democrat Cronies [Dodd and Obama -- the LegisLOOTers])
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To: ForGod'sSake

In case I forgot to thank you ... =]

Thanks!


23 posted on 10/02/2008 4:49:43 AM PDT by Arthur Wildfire! March (Fannie + Freddie = Democrat Cronies [Dodd and Obama -- the LegisLOOTers])
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To: ForGod'sSake

Wouldnt this mean more government control over businesses? The “mistake” was when the government stepped in and did ANYTHING, root cause analysis. IF the govt didnt say a word, it wouldnt have happened. This was purely introduced by President Clinton and allowed to happen under his cartel.


24 posted on 10/03/2008 6:14:10 AM PDT by ReefGhost
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To: ReefGhost
Well, FWIW and IMHO, mortgage lenders and investment bankers probably should shoulder much of the blame, where most of the subprime loans originated. Fannie and Freddie came to the game a little later but jumped in with both feet at the behest of Billy Jeff's regulations to put anybody that could fog a mirror in a house.
25 posted on 10/03/2008 10:39:06 AM PDT by ForGod'sSake (ABCNNBCBS: An enemy at the gates is less formidable, for he is known and carries his banner openly.)
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