A year after Fannie Mae and Freddie Mac teetered, industry executives and Washington policy makers are worrying that another government mortgage giant could be the next housing domino.
Problems at the Federal Housing Administration, which guarantees mortgages with low down payments, are becoming so acute that some experts warn the agency might need a federal bailout.
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Where is the resident retard? I'll take over for him: This is not true, the Federal housing Admin. has lots of money. The economy is getting better. There is no domino. I am an expert. No bailout is needed, because I said so.
ReplyDeleteHAHA! Keep talking. Let the ignorance keep flowing...
ReplyDeleteThe economy is getting better.
ReplyDeleteI recently saw a strip mall offering store locations with the first 4 months rent FREE!! that's because business in the commercial sector is SO GOOD they don't need the rental income PERIOD!
They can just give stuff away now.
That's how good things are going.
Things are going so well I watched a guy with an expensive suit and tie with expensive shoes run across the road to the bank, he had expensive bags very close to an expensive porsche. A sign above the car, in a storefront , said "RENTED" in Gold letters. Does this qualify me for the "Resident Retard" economy green shoot award?
ReplyDeleteAnd what makes 3:37's story so amazing was this was in DETROIT.
ReplyDeleteI heard somewhere that all the people in Detroit were gonna get jobs and give all the welfare back!
ReplyDelete