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

To: yard_man who wrote (278666)9/25/2010 10:04:40 PM
From: Jim McMannisRespond to of 306849
 
On the books? You mean pass'em on to the taxpayer...FHA.



To: yard_man who wrote (278666)9/26/2010 9:35:21 PM
From: Skeeter BugRespond to of 306849
 
patio, if you value it, keep it close. allowing a bank to lend it out ain't defined as "close."

if the deflation i see hits, banks will be wiped out and the FDIC will fail to pay out its obligations, just like ss and mc and hc.

relying on fdic, imho, is a fool's game.


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