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

Posted by Greg on June 11, 2009 at 3:55 PM

In Reply to: 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

Cuz the gubmint is using every tool at its disposal in an ill fated attempt to resuscitate the FIRE economy.

: 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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