Tag Archives: freddie

Explosive Audio Unearthed: After the Sub Prime Crisis already started in 2007 Obama says Sub Prime Mortgages that gave houses to people WHO COULDN’T AFFORD THEM was a GOOD IDEA!!

Obama says Sub Prime Mortgages that gave houses to people WHO COULDN’T AFFORD THEM was a GOOD IDEA!! Even as it was destroying our economy Obama thinks giving people mortgages who couldn’t afford them was a good idea. Then he says spreading the bad debt throughout the financial system was good “in theory” … Sub Primes have Destroyed our Economy and Obama thinks they are good idea Fannie Mae Freddie Mac Wall street Bailout Obama. Biden Explosive Audio Unearthed McCain Palin Prime Crisis In 2007 …

Bryon the Mortgage Guy Update 1

Welcome to Bryon the Mortgage Guy video blog

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 …

Dollar Collapse – Firms Which Underpin Trillions In Home Loans Implode – Bailout Equals Dollar Destruction

growing pressure as fears intensify about a potential calamity at the firms, which underpin trillions of dollars in home loans. Together they own or guarantee some US.2 trillion in loans, or about 40 per cent of the total value of home loans in the United States. Peter Schiff at Euro Pacific Capital said the two giants were likely to need government bailouts in view of the “dubious quality of their mortgage portfolios”. “Together both firms have less than US billion in capital reserves to …

Rescuing Wall Street to Save the US Economy – Neither Fair Nor Effective

assets that taxpayers 0 billion is being used to purchase and the necessary restructuring of the troubled mortgages themselves. Many hard-working Americans are having trouble paying on their mortgages, which in turn is driving down the value of their neighbors homes across the country. Tens of millions of families have seen their home values plunge through no fault of their own. Nearly 1 in 10 American households—roughly 5 million—have a mortgage that is either in default or facing …