Unfortunate Details of the Bailout

[kev374]

It’s a fraudulent scheme by the government under the guise of helping homeowners it just bails out the investors and shifts the risk to the taxpayers, simple as that.

[jpinpb]

Please forgive the stupid question. Help me understand. Isn’t FHA going to be Federally insured? I.e., government insured, i.e. if someone defaults/forecloses on loan, the government bails them out, i.e. the taxpayers? Or as mentioned, will it be a HUD home. Cool. HUD homes in 4S Ranch. I like that.

Will it work? If they have to PROVE they can make the payments to qualify for the loan, then it’s a joke. These people can barely make payments now w/the lying loan.

Is there going to be help w/those who have a 10% decrease in property values. That seems to be a fair average of decrease right now. Or will they have to come up w/the difference. (good luck)

If the jumbo loan limits are increased, why is just for homeowners and not everyone. Indirectly, it will help those w/homes who are trying to sell. Make it easier for the new batch of suckers to buy, or at least those who qualify. Allows those who had no business buying in the first place to get out and those who can afford it to take over.

It would seem that this will delay the crash.

The bench on this train station is hard and it’s getting cold.

Service section is contracting, 41.9. That’s bad. That’s all there really was left.

[jpinpb]

Please forgive the stupid question. Help me understand. Isn’t FHA going to be Federally insured? I.e., government insured, i.e. if someone defaults/forecloses on loan, the government bails them out, i.e. the taxpayers? Or as mentioned, will it be a HUD home. Cool. HUD homes in 4S Ranch. I like that.

Will it work? If they have to PROVE they can make the payments to qualify for the loan, then it’s a joke. These people can barely make payments now w/the lying loan.

Is there going to be help w/those who have a 10% decrease in property values. That seems to be a fair average of decrease right now. Or will they have to come up w/the difference. (good luck)

If the jumbo loan limits are increased, why is just for homeowners and not everyone. Indirectly, it will help those w/homes who are trying to sell. Make it easier for the new batch of suckers to buy, or at least those who qualify. Allows those who had no business buying in the first place to get out and those who can afford it to take over.

It would seem that this will delay the crash.

The bench on this train station is hard and it’s getting cold.

Service section is contracting, 41.9. That’s bad. That’s all there really was left.

[jpinpb]

Please forgive the stupid question. Help me understand. Isn’t FHA going to be Federally insured? I.e., government insured, i.e. if someone defaults/forecloses on loan, the government bails them out, i.e. the taxpayers? Or as mentioned, will it be a HUD home. Cool. HUD homes in 4S Ranch. I like that.

Will it work? If they have to PROVE they can make the payments to qualify for the loan, then it’s a joke. These people can barely make payments now w/the lying loan.

Is there going to be help w/those who have a 10% decrease in property values. That seems to be a fair average of decrease right now. Or will they have to come up w/the difference. (good luck)

If the jumbo loan limits are increased, why is just for homeowners and not everyone. Indirectly, it will help those w/homes who are trying to sell. Make it easier for the new batch of suckers to buy, or at least those who qualify. Allows those who had no business buying in the first place to get out and those who can afford it to take over.

It would seem that this will delay the crash.

The bench on this train station is hard and it’s getting cold.

Service section is contracting, 41.9. That’s bad. That’s all there really was left.

[jpinpb]

Please forgive the stupid question. Help me understand. Isn’t FHA going to be Federally insured? I.e., government insured, i.e. if someone defaults/forecloses on loan, the government bails them out, i.e. the taxpayers? Or as mentioned, will it be a HUD home. Cool. HUD homes in 4S Ranch. I like that.

Will it work? If they have to PROVE they can make the payments to qualify for the loan, then it’s a joke. These people can barely make payments now w/the lying loan.

Is there going to be help w/those who have a 10% decrease in property values. That seems to be a fair average of decrease right now. Or will they have to come up w/the difference. (good luck)

If the jumbo loan limits are increased, why is just for homeowners and not everyone. Indirectly, it will help those w/homes who are trying to sell. Make it easier for the new batch of suckers to buy, or at least those who qualify. Allows those who had no business buying in the first place to get out and those who can afford it to take over.

It would seem that this will delay the crash.

The bench on this train station is hard and it’s getting cold.

Service section is contracting, 41.9. That’s bad. That’s all there really was left.

[jpinpb]

Please forgive the stupid question. Help me understand. Isn’t FHA going to be Federally insured? I.e., government insured, i.e. if someone defaults/forecloses on loan, the government bails them out, i.e. the taxpayers? Or as mentioned, will it be a HUD home. Cool. HUD homes in 4S Ranch. I like that.

Will it work? If they have to PROVE they can make the payments to qualify for the loan, then it’s a joke. These people can barely make payments now w/the lying loan.

Is there going to be help w/those who have a 10% decrease in property values. That seems to be a fair average of decrease right now. Or will they have to come up w/the difference. (good luck)

If the jumbo loan limits are increased, why is just for homeowners and not everyone. Indirectly, it will help those w/homes who are trying to sell. Make it easier for the new batch of suckers to buy, or at least those who qualify. Allows those who had no business buying in the first place to get out and those who can afford it to take over.

It would seem that this will delay the crash.

The bench on this train station is hard and it’s getting cold.

Service section is contracting, 41.9. That’s bad. That’s all there really was left.

[HereWeGo]

The only sticking point is the 41% DTI limit. That’s tough for California.

Otherwise, it certainly seems as if the government is attempting to take over the business that has pulled MBIA and Ambac to the edge of bankruptcy.

[HereWeGo]

The only sticking point is the 41% DTI limit. That’s tough for California.

Otherwise, it certainly seems as if the government is attempting to take over the business that has pulled MBIA and Ambac to the edge of bankruptcy.

[HereWeGo]

The only sticking point is the 41% DTI limit. That’s tough for California.

Otherwise, it certainly seems as if the government is attempting to take over the business that has pulled MBIA and Ambac to the edge of bankruptcy.

[HereWeGo]

The only sticking point is the 41% DTI limit. That’s tough for California.

Otherwise, it certainly seems as if the government is attempting to take over the business that has pulled MBIA and Ambac to the edge of bankruptcy.

[HereWeGo]

The only sticking point is the 41% DTI limit. That’s tough for California.

Otherwise, it certainly seems as if the government is attempting to take over the business that has pulled MBIA and Ambac to the edge of bankruptcy.

[qcomer]

This was expected following the trails of so called stimulus package and the mortgage help programs. This country is on its way to bankruptcy and much lower standards of living for future generations.

This proposal or some other proposal of this form will ultimately come to bailout/reward fiscal irresponsibility. This will increase deficits, kill dollar and help commodities and hard assets (gold anyone?). When these bad loans will start blowing up on govt on massive levels (trillions of dollars), our foreign borrowers will disappear and stop financing us. Then we will see double digit interest rates and much higher taxes for ALL. Unfortunately, we all will have to pay for the excesses of the few.

[qcomer]

This was expected following the trails of so called stimulus package and the mortgage help programs. This country is on its way to bankruptcy and much lower standards of living for future generations.

This proposal or some other proposal of this form will ultimately come to bailout/reward fiscal irresponsibility. This will increase deficits, kill dollar and help commodities and hard assets (gold anyone?). When these bad loans will start blowing up on govt on massive levels (trillions of dollars), our foreign borrowers will disappear and stop financing us. Then we will see double digit interest rates and much higher taxes for ALL. Unfortunately, we all will have to pay for the excesses of the few.

[qcomer]

This was expected following the trails of so called stimulus package and the mortgage help programs. This country is on its way to bankruptcy and much lower standards of living for future generations.

This proposal or some other proposal of this form will ultimately come to bailout/reward fiscal irresponsibility. This will increase deficits, kill dollar and help commodities and hard assets (gold anyone?). When these bad loans will start blowing up on govt on massive levels (trillions of dollars), our foreign borrowers will disappear and stop financing us. Then we will see double digit interest rates and much higher taxes for ALL. Unfortunately, we all will have to pay for the excesses of the few.

[qcomer]

This was expected following the trails of so called stimulus package and the mortgage help programs. This country is on its way to bankruptcy and much lower standards of living for future generations.

This proposal or some other proposal of this form will ultimately come to bailout/reward fiscal irresponsibility. This will increase deficits, kill dollar and help commodities and hard assets (gold anyone?). When these bad loans will start blowing up on govt on massive levels (trillions of dollars), our foreign borrowers will disappear and stop financing us. Then we will see double digit interest rates and much higher taxes for ALL. Unfortunately, we all will have to pay for the excesses of the few.

[Author]

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