Category Archives: nations home mortgage

How about you, do you think America will REALLY elect a socialist President in 9 days?

I frankly don’t think so in spite of all the negative news. Socialistic plans and ideas kill a nation, AKA Jimmy Carter era. 20% home mortgage rates, unemployment, other countries over-running our embassy’s, etc. Only McCain has the perceived character by our enemies to FIGHT. Hussein Obama’s "I can talk to our enemies" ideology is, [...]

Still blame Bush after reading this?

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260 From 1999 Of course you will!! "Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits." TD has really been blindsided. Yes, Fannie [...]

IS THIS WHAT CONTRIBUTED TO THE HOUSING MELTDOWN?

F&F UNDER CLINTON STEVEN A. HOLMES Published: September 30, 1999 In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. The action, which will begin as a pilot program involving [...]

Do you want to know why we are in this finaicial crisis?

Check this little beauty out, circa 1999. From the New York Times no less, so democrats can’t say I sited a biased source. I like the part were it says- "Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and [...]

Where did Bush get us?

I see the argument a lot, especially in places like Yahoo Answers and blogs but I have never really seen it backed up with examples or evidence. I can only assume that people are referring to the wars in Iraq and Afghanistan and our current economic status. I just want to give some perspective that [...]

Failed republican policies? democrats explain this article please!?

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=1 Fannie Mae Eases Credit To Aid Mortgage Lending In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders. The action, which will begin as a pilot program involving 24 [...]

Why did the Democrats destroy America’s economy?

September 30, 1999 "Fannie Mae, the nation’s biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people" http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=1 Both parties are to blame but the Dems get the prize because it was their socialistic program to give "affordable" housing to poor [...]

Is the United States economy on the brink of collapse?

I think home prices will fall another 25% and half of the nations’ mortgages will owe more than they are worth. Right now the only people buying houses are the people that are benefiting from the first time home buyers tax credit. Once that expires, the proverbial crap is going to hit the fan in [...]

Should the government pay off yoiur mortgage?

According to an AP report…"The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages." Should the money be used to pay off those mortgages directly since that’s where the problem started? [...]