Savage Beatings Posted March 6, 2008 Share Posted March 6, 2008 Did you hear what that jackhole is proposing now? To offset the rise in mortgage delinquency rate, he proposed that lenders give a one time reduction on principal on past due loans. What a frickin joke. I tell you, 20 years from now we're going to look back and gasp at the lending practices of the past 5 years. Are you serious? We seriously need some new blood at the Fed. Quote Link to comment Share on other sites More sharing options...
fanofnobody Posted March 6, 2008 Share Posted March 6, 2008 Are you serious? We seriously need some new blood at the Fed. http://www.wtop.com/?nid=111&sid=1356815 Quote Link to comment Share on other sites More sharing options...
I Like Soup Posted March 6, 2008 Share Posted March 6, 2008 Thank goodness I have sound financial practices, not living pay check to pay check, living in a reasonably priced area, etc. I will never get a second mortgage on my home (I've been tempted) and I certainly plan on keeping my 30 yr mortgage as is (5.25%). Quote Link to comment Share on other sites More sharing options...
Yukon Cornelius Posted March 6, 2008 Share Posted March 6, 2008 hmmm who was in charge when the S and L scandal happened ???? Quote Link to comment Share on other sites More sharing options...
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