Mortgage Funding Corporation
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Tiffany Said:
Is the United States Government, particularly the Federal Reserve reducing profits to Bonds and Bond funds?We Answered:
Indeed bond interest rates are dropping because of the Fed's action. They really don't give a damn about creditors. They are more worried about debtors because there are SO MANY of them in the U S. And most of them can't afford even the interest expense on their debts much less the principal, including I might add the U S government itself. Talk about conflict of interest.Sure! let's bail out all the over extended borrowers. We will just issue another $500 billion in bonds to China to pay for it. No problem. They have to buy the bonds because if they don't they won't be able to sell their crap to us. He He. Who is really taking advantage of whom?
Ian Said:
Isn't Fannie Mae in the process of creating ANOTHER subprime-esque crises?? (ask for additional $23B)?We Answered:
Hey, let’s throw another $23 billion down the rat hole! The fraud-ridden money pit known as Fannie Mae needs more of your money.Who among the Fannie-kissers in Congress will say no?
Say goodbye to another $23 billion.
http://news.yahoo.com/s/nm/20090508/bs_n…
Almost seems like small potatoes nowadays.
Cody Said:
HAVE ANY OF YOU READ THIS ABOUT THE ECONOMY?We Answered:
Thats the Democrat mantra, "fairness to everyone", which meant giving people a chance to have a home, regardless of whether you could pay for it or not.Derrick Said:
Are you aware of corporations who support La Raza?We Answered:
Many of these I already have or have notified and told them what I think. Toyota was the worst with their reply. I will never own a toyota.Mathew Said:
What are the best Invoice and Debt Financing Options?We Answered:
Have you thought of factoring the invoices?Janice Said:
Do big banks like C H A S E & Bank of America give to A C O R N? Will you close your accounts?We Answered:
i will support them moreDorothy Said:
Why would the govt. make the SAME MOVES that caused the subprime lending crises to begin with?We Answered:
You are correct- FHA is the new sub-prime loan. However, you do now need a 620 credit score- you do have to prove income & you do have to put 3.5% down. The really bad subprime loans were a 500 credit score- zero down & no proof of income.