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Politics : American Presidential Politics and foreign affairs
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To: Peter Dierks who wrote (38994)12/25/2009 6:03:49 PM
From: sandintoes  Read Replies (1) of 71588
 
We all want to help first-time buyers acquire homes and support the depressed U.S. housing market. Without real down payments, however, new homeowners are likely to default on their mortgages, and the FHA will probably need a taxpayer bailout.

I'm sure they will.
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