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To: tobyhill
But Donovan, Obama's secretary of housing and urban development, told CNN's "State of the Union" on Sunday that "there are no 'flippers,' investor-owners or scammers that are eligible for this program.

What a bald-faced lie. They've already said that they won't turn away illegals from other bailout programs so they can't sit there and tell me that folks not "eligible" for yet more gov't largess will be turned away.

76 posted on 02/22/2009 8:09:12 PM PST by VeniVidiVici (If the Democrats wish to foist national health care on Americans, give us the same plan Congress has)
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To: VeniVidiVici

‘flippers,’ investor-owners or scammers

Meaning the program is only available for primary residence homeowners. You can be a illegal as long as you live in the home and it is your primary residence and qualify at 31% of your income.

flippers, investors could scam by moving in and declaring residency quickly.


84 posted on 02/22/2009 8:28:19 PM PST by OafOfOffice
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