Monday, Sep 06, 2010

Game over

Latimes: Fannie Mae tries to stimulate market for foreclosed homes

The mortgage giant quietly launches the HomePath program, which offers subprime-era terms for buyers: minimal down payments, no appraisals, no mortgage insurance and lower minimum credit scores.

Posted by mark @ 10:36 AM (514 views) Add Comment

3 Comments

1. Crunchy said...

Bye bye dollar.

Now for something new. They like the word new.

Monday, September 6, 2010 12:22PM Report Comment
 

2. tick tock said...

ain't the new sound....just like the old sound?

Monday, September 6, 2010 06:33PM Report Comment
 

3. Crunchy said...

2. tick tock said...ain't the new sound....just like the old sound?

No, it will come with new strings attached. Not Barry Soetoro's btw.

It would not be worth renewing otherwise. "Order out of Chaos" Order, being another word they like.

Monday, September 6, 2010 09:50PM Report Comment
 

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