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Jon Stewart Daily Show On Us Housing Market


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Sorry if this has been posted already - don't keep up with the site much these days.

Thought people might be interested in this episode of the Daily Show yesterday though. The whole first half and half the second is devoted to how the banks are screwing Americans over dodgy mortgages, foreclosures etc. Good, funny, watching :rolleyes:

http://www.channel4.com/programmes/the-daily-show-with-jon-stewart/4od#3126156

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All i can say is..... Fu**ing Hell!

Mainstream are really waking up now. (Although the Jon Stewart show has been aware for ages)

This thing is just spiralling out of control faster and faster now.

If the banks can't foreclose, and if they do they can't prove they own the mortgage, and even if they can, they can't sell. And Freddie and Fannie are holding all this c**p anyway. Strategic Default Apocolypse is on its way!

The whole system is going down folks. We are witnessing the collapse of the worlds monetary system before our eyes. Historic times.

Edited by worst time buyer
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All i can say is..... Fu**ing Hell! Mainstream are really waking up now. (Although the Jon Stewart show has been aware for ages)

This thing is just spiralling out of control faster and faster now.

If the banks can't foreclose, and if they do they can't prove they own the mortgage, and even if they can, they can't sell. And Freddie and Fannie are holding all this c**p anyway. Strategic Default Apocolypse is on its way!

The whole system is going down folks. We are witnessing the collapse of the worlds monetary system before our eyes. Historic times.

Posted yesterday about the MBS market, after "coming back" the mortgage securitisation market is getting stuffed again this quarter - about the only buyers are Fanny and ******wit.

This was before this shit about the whole toilet chain of secondary mortgage operators not even being able to keep the simplest of records broke fully.

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All i can say is..... Fu**ing Hell!

Mainstream are really waking up now. (Although the Jon Stewart show has been aware for ages)

This thing is just spiralling out of control faster and faster now.

If the banks can't foreclose, and if they do they can't prove they own the mortgage, and even if they can, they can't sell. And Freddie and Fannie are holding all this c**p anyway. Strategic Default Apocolypse is on its way!

The whole system is going down folks. We are witnessing the collapse of the worlds monetary system before our eyes. Historic times.

Or, in the immortal eloquent words of George Dubya Bush "THIS SUCKER'S GOIN' DOWN!"

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Mortgage Bankers Association - defaulted on their mortgage.

LOLOLOLOLOLOLOLOOOOOOOOOOOOOOOOLLLLL.

While still telling everyone else that it's morally wrong to default on your mortgage, and you should keep paying :lol:

That guy trying to defend them was just hilarious.

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  • 418 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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