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I thought Subprime, Zero Down & Stated Income lead us into this mess.

Posted by JK (the other JK) on June 11, 2009 at 12:34 AM

Then someone tell me why Stated Income VOEs are now back and the
gubmint is presently giving away $8000 checks for downpayment
assistance and talking about upping that to $15000?

http://www.hud.gov/news/release.cfm?content=pr09-072.cfm

http://bloomberg.com/apps/news?
pid=20601087&sid=alfbV3LXPE_E



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