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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: alanrs who wrote (151460)9/28/2008 1:54:50 AM
From: MulhollandDriveRespond to of 306849
 
I'd be surprised if lending picks up much. We'll see.


it's not going to change a thing....

those who have good credit and sufficient downpayments can get loans today, those who cannot will continue to be locked out....as they should have been to start with (for their own good i might add)



To: alanrs who wrote (151460)9/28/2008 2:41:42 AM
From: John ChenRespond to of 306849
 
"$700 billion ".

"The plan calls for the Treasury Department to buy deeply distressed mortgage-backed securities and other bad debts ".

Why can the looters ( CxOs, ... those who benefited ) buy
back those stuff that is now handed to taxpayers.

Web of corruptions, criminals.


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