Paulson: Subprime help on the way

[lonestar2000]

“We are working aggressively and quickly, utilizing available tools and creating new ones, to help financially responsible but struggling homeowners.”

What about financially responsible but priced out renters? Why would I want to pay 6% interest when people are being given extensions on their 1% interest loans? I am a renter and wish to buy, but I am not willing to enter the market when others are getting a free lunch.

I fail to see how the bailout will help anyone at all!

http://money.cnn.com/2007/12/03/real_estate/Paulson_on_housing/index.htm?postversion=2007120315

[patientlywaiting]

Looks to me like Paulson is trying to help his buddies on Wall- Street. I’m sure his phone has been ringing off the hook since Wall Street got hammered.

[patientlywaiting]

Looks to me like Paulson is trying to help his buddies on Wall- Street. I’m sure his phone has been ringing off the hook since Wall Street got hammered.

[patientlywaiting]

Looks to me like Paulson is trying to help his buddies on Wall- Street. I’m sure his phone has been ringing off the hook since Wall Street got hammered.

[patientlywaiting]

Looks to me like Paulson is trying to help his buddies on Wall- Street. I’m sure his phone has been ringing off the hook since Wall Street got hammered.

[patientlywaiting]

Looks to me like Paulson is trying to help his buddies on Wall- Street. I’m sure his phone has been ringing off the hook since Wall Street got hammered.

[NeetaT]

Good point!!!!!

This is all about keeping property prices high so that more tax money can be usurped from the public. I rent also and will soon be renting in San Diego. I guess I should cry to the ACLU.

[NeetaT]

Good point!!!!!

This is all about keeping property prices high so that more tax money can be usurped from the public. I rent also and will soon be renting in San Diego. I guess I should cry to the ACLU.

[NeetaT]

Good point!!!!!

This is all about keeping property prices high so that more tax money can be usurped from the public. I rent also and will soon be renting in San Diego. I guess I should cry to the ACLU.

[NeetaT]

Good point!!!!!

This is all about keeping property prices high so that more tax money can be usurped from the public. I rent also and will soon be renting in San Diego. I guess I should cry to the ACLU.

[NeetaT]

Good point!!!!!

This is all about keeping property prices high so that more tax money can be usurped from the public. I rent also and will soon be renting in San Diego. I guess I should cry to the ACLU.

[nostradamus]

I have yet to hear any concrete details about how FB’s will be helped.

I don’t think it’s possible to keep prices high, but I didn’t think anything in the past couple RE years was possible. When I graduated UCSD in ’93 I thought SD was overpriced. Man oh man look at it now.

I think the likely “bailouts” will be bailing out the lender and shagging the FB. They’ll stay in “their” homes alright, shackled to some sort of recourse loan with lower interest and a longer term, as their home value goes down like a (_fill in the blank_). Anyone else care to speculate what the details of the bailout might involve?

[nostradamus]

I have yet to hear any concrete details about how FB’s will be helped.

I don’t think it’s possible to keep prices high, but I didn’t think anything in the past couple RE years was possible. When I graduated UCSD in ’93 I thought SD was overpriced. Man oh man look at it now.

I think the likely “bailouts” will be bailing out the lender and shagging the FB. They’ll stay in “their” homes alright, shackled to some sort of recourse loan with lower interest and a longer term, as their home value goes down like a (_fill in the blank_). Anyone else care to speculate what the details of the bailout might involve?

[nostradamus]

I have yet to hear any concrete details about how FB’s will be helped.

I don’t think it’s possible to keep prices high, but I didn’t think anything in the past couple RE years was possible. When I graduated UCSD in ’93 I thought SD was overpriced. Man oh man look at it now.

I think the likely “bailouts” will be bailing out the lender and shagging the FB. They’ll stay in “their” homes alright, shackled to some sort of recourse loan with lower interest and a longer term, as their home value goes down like a (_fill in the blank_). Anyone else care to speculate what the details of the bailout might involve?

[nostradamus]

I have yet to hear any concrete details about how FB’s will be helped.

I don’t think it’s possible to keep prices high, but I didn’t think anything in the past couple RE years was possible. When I graduated UCSD in ’93 I thought SD was overpriced. Man oh man look at it now.

I think the likely “bailouts” will be bailing out the lender and shagging the FB. They’ll stay in “their” homes alright, shackled to some sort of recourse loan with lower interest and a longer term, as their home value goes down like a (_fill in the blank_). Anyone else care to speculate what the details of the bailout might involve?

[Author]

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