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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (626167)	8/29/2011 7:07:55 PM
From: Alighieri	Respond to of 1578704

Finally, the Obama administration is simultaneously siding with struggling mortgage-holders against their banks while also trying to promote more lending. Ten, this is typical hype....this guy doesn't know what he's talking about and is peddling cynical conjecture because it sells...promote more lending? How does he know? What I have read, which is in itself premature conjecture, is that they will only deal with existing mortgages, they have to have been backed by freddie and fannie to begin with, and that they will back the same existing mortgages at going rates through a refi...what he's implying has not been published by anyone... consider billionaire Obama fundraiser Warren Buffett's $3 billion bet on struggling Bank of America. Heck, he can't even get the figure right... Al PS: Did you know that the Examiner is owned by the same company that owns the Weekly Standard?