[quote=Arraya][quote=CDMA ENG]. Most of these people that were quoted were educated. Highly educated. But they forgot the fundamentals of thier education when purchasing a home? Do the research… Run the numbers… Investigate alternatives… These are things that are only native to the hard sciences…
[/quote]
Bernanke: There’s No Housing Bubble to Go Bust
Ben S. Bernanke testified on Capitol Hill just before being nominated to succeed Fed Chairman Alan Greenspan. (By Ron Edmonds — Associated Press)
By Nell Henderson
Washington Post Staff Writer
Thursday, October 27, 2005
Ben S. Bernanke does not think the national housing boom is a bubble that is about to burst, he indicated to Congress last week, just a few days before President Bush nominated him to become the next chairman of the Federal Reserve.[/quote]
Come on Array… Other were predicting it… That is why we are blogging now…
But I discount the claim of a fraudelent loan in the first case… She didn’t shop around for a better deal? She just took what was given to her? Again… Educated individual using a excuse… Just say I want out and be done with it instead of blaming someone else.
