Monday, September 6, 2010

Game over

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 (3312 views)
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3 thoughts on “Game over

  • Bye bye dollar.

    Now for something new. They like the word new.

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  • ain’t the new sound….just like the old sound?

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  • 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.

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