Bernanke pushes government help to curb foreclosures

[j]

Of course values are going to go down, because people paid too much. The Values are going to go down to what they should be. Government intervention will only artificially inflate values, causing harm to the young and driving them out of the over priced cities like San Diego. That will eventually hurt those cities as their work forces leave for affordable housing. Look at the decline in school enrollment in San Diego over the last 5 years.

[HereWeGo]

Government intervention, as proposed, will not inflate or even stabilize values IMHO. It will put the taxpayer in the position of bagholder of last resort, though.

[HereWeGo]

Government intervention, as proposed, will not inflate or even stabilize values IMHO. It will put the taxpayer in the position of bagholder of last resort, though.

[HereWeGo]

Government intervention, as proposed, will not inflate or even stabilize values IMHO. It will put the taxpayer in the position of bagholder of last resort, though.

[HereWeGo]

Government intervention, as proposed, will not inflate or even stabilize values IMHO. It will put the taxpayer in the position of bagholder of last resort, though.

[HereWeGo]

Government intervention, as proposed, will not inflate or even stabilize values IMHO. It will put the taxpayer in the position of bagholder of last resort, though.

[picpoule]

Fannie Mae must have been listening. It’s all good now: “The government-chartered company will handle refinancings of non-delinquent mortgages for as much as 120 percent of property values when it owns the existing loans, the Washington-based company said today in a statement. Fannie Mae also said it will buy “jumbo’’ mortgages, or those bigger than $417,000, for the same prices as smaller loans.”

[picpoule]

Fannie Mae must have been listening. It’s all good now: “The government-chartered company will handle refinancings of non-delinquent mortgages for as much as 120 percent of property values when it owns the existing loans, the Washington-based company said today in a statement. Fannie Mae also said it will buy “jumbo’’ mortgages, or those bigger than $417,000, for the same prices as smaller loans.”

[picpoule]

Fannie Mae must have been listening. It’s all good now: “The government-chartered company will handle refinancings of non-delinquent mortgages for as much as 120 percent of property values when it owns the existing loans, the Washington-based company said today in a statement. Fannie Mae also said it will buy “jumbo’’ mortgages, or those bigger than $417,000, for the same prices as smaller loans.”

[picpoule]

Fannie Mae must have been listening. It’s all good now: “The government-chartered company will handle refinancings of non-delinquent mortgages for as much as 120 percent of property values when it owns the existing loans, the Washington-based company said today in a statement. Fannie Mae also said it will buy “jumbo’’ mortgages, or those bigger than $417,000, for the same prices as smaller loans.”

[picpoule]

Fannie Mae must have been listening. It’s all good now: “The government-chartered company will handle refinancings of non-delinquent mortgages for as much as 120 percent of property values when it owns the existing loans, the Washington-based company said today in a statement. Fannie Mae also said it will buy “jumbo’’ mortgages, or those bigger than $417,000, for the same prices as smaller loans.”

[contraman]

There is a company that is already doing this for borrowers underwater. I have sent them several files and they are getting seconds removed for pennies on the dollar and refinancing at 90% of new market value.

They had a press release on CNBC a week ago…..

It is the best solution for the banks, borrowers, and economy.

They are at http://www.shortrefime.com if anybody wants to reduce their principal here….

Sincerely, Contraman

[contraman]

There is a company that is already doing this for borrowers underwater. I have sent them several files and they are getting seconds removed for pennies on the dollar and refinancing at 90% of new market value.

They had a press release on CNBC a week ago…..

It is the best solution for the banks, borrowers, and economy.

They are at http://www.shortrefime.com if anybody wants to reduce their principal here….

Sincerely, Contraman

[contraman]

There is a company that is already doing this for borrowers underwater. I have sent them several files and they are getting seconds removed for pennies on the dollar and refinancing at 90% of new market value.

They had a press release on CNBC a week ago…..

It is the best solution for the banks, borrowers, and economy.

They are at http://www.shortrefime.com if anybody wants to reduce their principal here….

Sincerely, Contraman

[contraman]

There is a company that is already doing this for borrowers underwater. I have sent them several files and they are getting seconds removed for pennies on the dollar and refinancing at 90% of new market value.

They had a press release on CNBC a week ago…..

It is the best solution for the banks, borrowers, and economy.

They are at http://www.shortrefime.com if anybody wants to reduce their principal here….

Sincerely, Contraman

[Author]

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