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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Patricia Trinchero who wrote (169113)12/5/2008 8:30:36 AM
From: Smiling BobRead Replies (4) of 306849
 
Paulson is actually on the right track
Nationalize ALL single family mortgages and set rates lower
It has to pay better than 10 and 30 year notes

The immediate benefits to disposable income, the economy, the banking sector and the housing sector would be make this crisis a distant memory.

It would be done at the lowest cost to taxpayers than any other option. Additionally, it would allow mortgages to be sorted out and repackaged over a longer and less chaotic environment.
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