Robert Deniro Versus the Joker
September 20th, 2008I’ve been racking this bail out scenario in my mind over the past couple of days and at this point am a little more convinced that leveraging the business of the federal government against the expectations of these mortgage loans might have been a sweet move after all! I guess that depends on a few factors.
1. What percentage of the loans is Washington going to buy up and which ones do brokers still have to contend with?
2. What are the expectations of repayment on these loans?
3. Does the government regulate ARM?
4. Does the repayment of those loans build credit - or just TAX credit?
If it gets things moving and these loans are being re-payed than it might not be so hard a burden on the tax payer after all. Of course there is a stirring rebellion of justified conservative caution -
Tags: bail out, Finance, government, heather ledger, joker, Mortgage, Real Estate, robert deniro
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September 20th, 2008 at 7:06 am
[...] Article Nest - Home of the best Content Around wrote an interesting post today onHere’s a quick excerpt I’ve been racking this bail out scenario in my mind over the past couple of days and at this point am a little more convinced that leveraging the business of the federal government against the expectations of these mortgage loans might have been a sweet move after all! I guess that depends on a few factors. 1. What percentage of the loans is Washington going to buy up and which ones do brokers still have to contend with? 2. What are the expectations of repayment on these loans? 3. Does the g [...]
September 20th, 2008 at 7:28 am
[...] Original post by Blog Stuck On You [...]