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Full Version: Ed, this plan will BUNDLE good mortgages with bad ones
Ed Schultz Message Board > Message Forums > The Show > Show Topics
chris in sacto
Part of the plan will hurt all of us who have good mortgages and pay our bills by bundling them with bad ones.
chris in sacto
Bad Mortgages Taking Down Good Loans, Too
RainHusseinWater
morts will get bundled...that is not new

finding a new lender, a new refi with a solid LOCAL lender is a good thing...
big investments in local lenders happening now...that will help stabilize things on local levels

let the funds fall....f*ck them
chris in sacto
QUOTE(RainHusseinWater @ Sep 29 2008, 11:54 AM) *

morts will get bundled...that is not new

finding a new lender, a new refi with a solid LOCAL lender is a good thing...
big investments in local lenders happening now...that will help stabilize things on local levels

let the funds fall....f*ck them


Ed is arguing for the bailout today. I agree, let 'em go. Screw them. When the headlines say they are arresting people en masse on Wall Street and seizing CEOs bonuses, maybe we'll talk.
RainHusseinWater
there is massive investing in local small banks....merging as well
...these are the only bank lenders with any viability...to save...at this point

let wamu etc get picked up by BoA etc.....
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