Broker talk about the new Housing bill

[Huckleberry]

Here is a link to an excellent/thorough/extensive analysis of the bailout bill.

Crony Capitalism for Dummies: Housing and Economic Recovery Act of 2008. How the Bailout will not Help you and Cost you Money. A Deep Look at the 694 Pages of the Bill.

Don’t count on it helping many in the San Diego area, nor propping up prices…

[Bugs]

It’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.

Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.

[Bugs]

It’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.

Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.

[Bugs]

It’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.

Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.

[Bugs]

It’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.

Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.

[Bugs]

It’ll probably do just fine in middle America where the difference in values between the utstanding loans and the current value of the homes is measured in $20,000 increments rather than $200,000 increments.

Someone who’s marginal because their $700 monthly payment is jumping to $1100 per month might be able to take maximum advantage of this. Not so for someone looking at the difference of $2100 bumping to $3300.

[peterb]

The analysis is clear. It’s a Fanny and Freddy bail out with a BS bone thrown to the “people” so that the title of it can have some accuracy.

[peterb]

The analysis is clear. It’s a Fanny and Freddy bail out with a BS bone thrown to the “people” so that the title of it can have some accuracy.

[peterb]

The analysis is clear. It’s a Fanny and Freddy bail out with a BS bone thrown to the “people” so that the title of it can have some accuracy.

[peterb]

The analysis is clear. It’s a Fanny and Freddy bail out with a BS bone thrown to the “people” so that the title of it can have some accuracy.

[peterb]

The analysis is clear. It’s a Fanny and Freddy bail out with a BS bone thrown to the “people” so that the title of it can have some accuracy.

[Arty]

Arty,

Where was the Eli interview?

KNX newsradio 1070, it was repeated several times this weekend (short interview less than 3 minutes).

[Arty]

Arty,

Where was the Eli interview?

KNX newsradio 1070, it was repeated several times this weekend (short interview less than 3 minutes).

[Arty]

Arty,

Where was the Eli interview?

KNX newsradio 1070, it was repeated several times this weekend (short interview less than 3 minutes).

[Arty]

Arty,

Where was the Eli interview?

KNX newsradio 1070, it was repeated several times this weekend (short interview less than 3 minutes).

[Author]

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