Friday, Jun 19, 2009
Coming soon to a bank near you
Bloomberg: Obama’s Mortgage Refinancing Program May Be Expanded
June 19 (Bloomberg) -- Fannie Mae and Freddie Mac may get permission to begin refinancing mortgages with loan-to-value ratios above 105 percent as the Obama administration seeks to boost participation in its anti-foreclosure programs.
Posted by devo @ 07:30 PM (379 views) Add Comment
1 Comment
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1. Clockslinger said...
Can we continue to subsidise excessive consumption and flirt with hyperinflation by reinflating the housing bubble whatever the cost?
YES WE CAN! YES WE CAN! YES WE CAN!