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No more taxpayer Bailouts
So we are throwing another 3 Billion at Fannie/Freddie, predictions are this is far from the end.
150 Billion so far, expectations are 390 Billion(congressional estimate) and the department of the Treasury quietly removed the 400 Billion dollar cap on their exposure. And Fannie is still buying mortgages with as little as 1,000 down ??
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KLK, MCSE 1990 500SL I was always taught to respect my elders. I don't have to respect too many people anymore. |
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