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Home › Forums › Financial Markets/Economics › Bailout plan: hot off the press › So from reading several

December 6, 2007 at 1:08 PM #110721
JPJones
Participant

So from reading several articles this morning, these are a few points about this “bail-out”:

-Minimum 660 FICO requirement

-No more than 60 days past due on payments

-Must have at least 3% equity

Please correct me if I’m wrong about any of them, but if accurate, that doesn’t sound like much of a bailout to me.