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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (147298)	11/15/2008 1:40:39 PM
From: Lizzie Tudor	Respond to of 173976

obviously many businesses can still get funding, and I am still getting beaucoup credit card offers in the mail. But the fact is, in the SF bay area where real estate has barely even declined if at all (these are the prime areas not the outskirts like Sonoma which they average in to make it look like everybody is 20% underwater), WFB just told me yesterday it takes 25% down to get into a second home here, due to the declining status and other mumbo jumbo, even though I am their highest ranking of credit risk ever, and on other loans with them have been fast tracked and approved in 4 days. This is for MORTGAGES I am talking about where the problem lies in the economy. Banks should have a super special deal right now, if somebody like me is willing to put 10% down to buy an REO they should take it and be glad for it. Unacceptable.