SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: NOW who wrote (14321)11/11/2008 12:46:59 PM
From: Real Man  Read Replies (1) | Respond to of 71475
 
I am tempted to buy a multi-million dollar home, not pay for
3 months, then get with this program. Geez, talk about
moral hazard - a free house for the least responsible borrower?

news.ino.com

"The interest rate or principal amount of the loan would be
reduced so that borrowers would not pay more than 38 percent
of their income on housing expenses, the industry official
said."



To: NOW who wrote (14321)11/11/2008 4:38:55 PM
From: ggersh1 Recommendation  Read Replies (1) | Respond to of 71475
 
Only when they all get hanged....until then GS is controlling everything...