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Old 11-18-2009, 09:11 AM
 
27,214 posts, read 46,754,781 times
Reputation: 15667

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Fannie’s, Freddie’s Woes Threaten Apartments - WSJ.com

Fannie, which has been more active than Freddie, faces the biggest problems. Its serious delinquency rate, or loans that were 60 days or more past due,....


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More money...more loses...maybe Obama should free markets run it course...
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Old 11-18-2009, 09:13 AM
 
Location: Wisconsin
37,972 posts, read 22,157,422 times
Reputation: 13803
Fannie and Freddy need to be shut down, and banned from giving out any more loans.
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Old 11-18-2009, 09:22 AM
 
Location: SARASOTA, FLORIDA
11,486 posts, read 15,310,171 times
Reputation: 4894
Is Obamas two buddies Raines and Johnson still running those companies?

Are they still giving out loans to losers with 300 FICO scores?

Who said Obama is setting records for foreclosures and bankruptcies?

And some believe things are getting better.


SHUT THEM DOWN NOW or let ObamAcorn take them over. Hey, maybe that is the plan????
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Old 11-18-2009, 09:26 AM
 
921 posts, read 1,132,322 times
Reputation: 1599
Quote:
Originally Posted by Sunny-Days90 View Post
Is Obamas two buddies Raines and Johnson still running those companies?

Are they still giving out loans to losers with 300 FICO scores?

Who said Obama is setting records for foreclosures and bankruptcies?

And some believe things are getting better.


SHUT THEM DOWN NOW or let ObamAcorn take them over. Hey, maybe that is the plan????
The housing bubble & subprime mortgage mess started during Bill Clinton's last term & throughout George Bush's terms in office.

All of this junk was left on the plate for Obama to fix & now the right wingers are pointing at him for blame.
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Old 11-18-2009, 09:33 AM
 
Location: Raleigh, NC
20,054 posts, read 18,285,820 times
Reputation: 3826
Quote:
Originally Posted by imalert View Post
The housing bubble & subprime mortgage mess started during Bill Clinton's last term & throughout George Bush's terms in office.

All of this junk was left on the plate for Obama to fix & now the right wingers are pointing at him for blame.
So, wait a minute. With all of this new regulation, how come people can still get 0 down loans by applying for FHA with bad credit and using the $8,000 credit towards a down payment?
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Old 11-18-2009, 09:41 AM
 
27,214 posts, read 46,754,781 times
Reputation: 15667
Quote:
Originally Posted by summers73 View Post
So, wait a minute. With all of this new regulation, how come people can still get 0 down loans by applying for FHA with bad credit and using the $8,000 credit towards a down payment?
That is the million dollar question of the day!
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Old 11-18-2009, 09:41 AM
 
Location: New Jersey
1,878 posts, read 2,064,574 times
Reputation: 326
Quote:
Originally Posted by imalert View Post
The housing bubble & subprime mortgage mess started during Bill Clinton's last term & throughout George Bush's terms in office.

All of this junk was left on the plate for Obama to fix & now the right wingers are pointing at him for blame.
Obama had a big hand in the housing crisis. He represented ACORN when they were trying to force institutions to make subprime loans. When the Bush administration tried to reign in Freddie and Fannie for doing this, Obama aligned a coalition to stop it. He shares alot of the blame single handedly.
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Old 11-18-2009, 09:45 AM
 
Location: Raleigh, NC
20,054 posts, read 18,285,820 times
Reputation: 3826
Quote:
Originally Posted by RobertGibbs View Post
Obama had a big hand in the housing crisis. He represented ACORN when they were trying to force institutions to make subprime loans. When the Bush administration tried to reign in Freddie and Fannie for doing this, Obama aligned a coalition to stop it. He shares alot of the blame single handedly.
Don't blame Obama. He must've just been listening to "housing bubble? what housing bubble?" Fwanks.
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Old 11-18-2009, 10:06 AM
 
27,214 posts, read 46,754,781 times
Reputation: 15667
Quote:
Originally Posted by RobertGibbs View Post
Obama had a big hand in the housing crisis. He represented ACORN when they were trying to force institutions to make subprime loans. When the Bush administration tried to reign in Freddie and Fannie for doing this, Obama aligned a coalition to stop it. He shares alot of the blame single handedly.
Why Obama...his house went up in value...


Just kidding..he hired people who started this mess...and was involved with Acorn!
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Old 11-18-2009, 10:10 AM
 
Location: Long Island
32,816 posts, read 19,488,320 times
Reputation: 9618
Quote:
Originally Posted by imalert View Post
The housing bubble & subprime mortgage mess started during Bill Clinton's last term & throughout George Bush's terms in office.

All of this junk was left on the plate for Obama to fix & now the right wingers are pointing at him for blame.

the problem is obamy is not fixing it,,he is making it worse
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