The Domino Depression, Fannie Mae, Freddie Mac,and more lies

defaults www.financialweek.com Option Arms us.ft.com Fannie and Freddie www.marketwatch.com CHICAGO (MarketWatch) — The rate of mortgages entering foreclosure hit another record high in the second quarter, as did the percentage of loans somewhere in the foreclosure process, the Mortgage Bankers Association reported on Friday. The delinquency rate, which measures mortgages that aren’t in foreclosure but have at least one overdue payment, also was the highest ever recorded in the MBA’s quarterly …

25 Responses to The Domino Depression, Fannie Mae, Freddie Mac,and more lies

  1. Kelvin701Lakeland

    Does anyone know how much you can take money out of bank without raising any red flags? In what period of time? Let say you have $200,000 how do i go about taking money out in the shortest time without raising flags?

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  2. they’ll get away with it too! and if you bitch about it, Me and my fellow cop buddies will just take your ass to jail, cause those will be the only jobs left in 10 years. LOL I CAN’T WAIT!

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  3. modifiedcontent

    New Agency Proposed to Oversee Freddie Mac and Fannie Mae, New York Times, September 11, 2003: ‘The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago … Among the groups denouncing the proposal today were the … Congressional Democrats who fear that tighter regulation of the companies could sharply reduce their commitment to financing low-income and affordable housing.’

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  4. you obviously don’t have 200,000 if you’re asking for banking advice on youtube.

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  5. man you should be a forex strategist, you have no idea of what you’re talking about lol.

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  6. and then the dow will hit 9,000 and it will cut in half quickly. lmao!!!!. I’m a trader you dick head, you have no clue as to how to take advantage of these markets.

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  7. Kelvin701Lakeland

    prodigee411 .. either I have or have not is not at the concern here. It’s not that I come up here to show off what I have or have not. You seem to miss the point and my question entirely. This is not a pissing contest. I am sure a lot of people who have 40K 60K wonder about this as well. You got up on the wrong side of the bed? Or are you being paid by PPT to stire things up in here?

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  8. Google: commodities futures modernization act phil gramm. (Gramm is McCain’s butt buddy!) It is an ammendment to the Enron loophole bill that McCain supported. So if you are wondering why YOUR tax dollars just bought a debt strapped insurance company, check this out. The GOP are all against regulation. Let us remind them that the airline industry is regulated. If it wasn’t,their flights to Hawaii and back would cost about $15,000. Fucking Assholes!

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  9. I think we are done.

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  10. TAKE ADVANTAGE OF WHAT FAILURE? HOW?

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  11. You and your buddies probably have small dicks if you think your best opportunity is to become nazi fascist pigs, PIG!

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  12. prodigee probably works for bush and trying to stop ppl from listening to this guy…and my 13 year old son understands we’re in deep shyt…and prodigee u probably were the ones last year who were all like yeah itll be ok…well its not so u tell me whose the dumbass…?

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  13. Read the REGULATION plan proposed by the Bush administration SPECIFICALLY against Fannie Mae and Freddy Mac on September 11, 2003. This calls for close supervision and regulation on these two companies in addition to creating a new agency for that specific purpose. Democrats turned it down, saying the poor can’t afford housing if that plan is moved forward. Who’s to blame??? do your research.

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  14. you now no job ha ha so funny ,.greedy boys ,.super

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  15. The republicans are up against the paulson bailout another scam by the dubja admin. dubja is claiming the collapse of free market if they dont act soon.

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  16. the media is only going to give you some of the truth and not all. How can you explain all the other recent failures that happened? We are in the worst financial crisis since the great depression. Part of it wall streets problem and part bush administration. If there was a problem, perhaps they should of tried stopping it..before the domino effect. Bush said we weren’t in a recession..had the hope foundation for people losing their homes…and a 800 # ..that rang and rang..

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  17. Democrats are responsible for the mortgage crisis! First the “Community Reinvestment Act” with Carter, then continuing with Clinton in 1999, which FORCED banks to give loans to risky people – BASED ON SKIN COLOR!! Bush & McCain repeatedly WARNED of financial disaster regarding Fanny Mae/Freddy Mac and what thus became the ’08 financial crisis! Democrats, however kept to their party line, extending loans to people who couldn’t afford them, just like you would expect of socialists! PATHETIC SHAME

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  18. Capitalism is over forever in the USA, within the next two years by 2010.

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  19. joyful2326, what about all the other banks that failed? Nancy Peloski said it was the bushes administration ..some of Wallstreet problem..which the taxpayers should not have to pay for their unscrupulous acts..they prospered and we have to pay. I say NO DEAL.!!!

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  20. Angelformehere

    What the heck do you guys get out of corrupting the record like this? You want to bring the whole house down to win the “game”? “Do your research”. What good is that when
    you will stop short of research that will
    disprove your point? I’ve seen it happen countless times. The Republicans are nothing
    if not all about regulation and taking from the poor to give to the rich. A quick buck
    today and the people be damned. They have one
    simple purpose:

    “Everything for us and nothing for them”

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  21. I give vision victory an A********** grade for his above and beyond study and knowledge of exactly what ALL AMERICANS need to know!

    I agree with him, I have been tracking since 9/11 and knew it was the end of the USA that I have always loved.

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  22. If that is indeed a fact, I think it would be good for our money, or to save what was left before we lost every cent we ever had…. We need to get rid of the money sucking Federal Reserve first and foremost!!!!

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  23. Remember the saying “all we have to fear is fear itself”? If we all go crazy with fear this sort of thing could really happen. But if you look around we have it really, really, good. We have plenty of food, water, transportation. The list goes on and on. Let’s get the banks fixed up and move on.
    Fear is the ONLY thing that will make sure this happens. Don’t spread fear so this stuff won’t happen. We just need to be tough minded. Look around, it really is a great day!

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  24. i’m feeling naughty at the moment p

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  25. great now the bankers can buy up land for a penny on the dollar. has not this happened throughout history?

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