Derby Trail Forums

Go Back   Derby Trail Forums > The Steve Dellinger Discourse Den
Register FAQ Members List Calendar Today's Posts

 
 
Thread Tools Display Modes
Prev Previous Post   Next Post Next
  #1  
Old 09-18-2012, 05:47 PM
Coach Pants
 
Posts: n/a
Default The little secret of QE3

http://theintelhub.com/2012/09/18/th...-toxic-assets/

Quote:
The Federal Housing Finance Administration (FHFA) recently announced that “strategic defaulters”, i.e. those homeowners who have abandoned their mortgage because they could not continue to make the monthly payments, will be jailed for this “crime”.
The FHFA oversees Freddie and Fannie Mac, the mortgage corporation owned by the US government.
The FHFA are focusing their efforts on criminally persecuting all American citizens “who abuses the FHFA programs” by walking away from their foreclosure.




Statistically speaking, according to the FDIC:
• 1 out of 200 homes will be foreclosed upon
• 250,000 new households enter foreclosure every 3 months
• 6 out of 10 homeowners are delinquent on their mortgage
I'm sure it's no big deal...but just in case you might want to vote for Romney. He's totally against this!!
Reply With Quote
 



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 02:20 AM.


Powered by vBulletin® Version 3.6.8
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.