Upside Down Mortgage

Posts Tagged ‘freddiemac’

Mortgage Relief Legislation

Question: Why do DEMOCRATS TRADE OUR TROOPS IN IRAQ FOR DROUGHT RELIEF AND DOMESTIC SPENDING INCREASES?

Why do DEMOCRATS TRADE OUR TROOPS IN IRAQ FOR DROUGHT RELIEF AND DOMESTIC SPENDING INCREASES

In a complicated deal over the war funds, Democrats will include about $11 billion more in domestic spending than Bush has requested, emergency drought relief for the Southeast and legislation to address the subprime mortgage crisis, Hoyer told a meeting of the Washington Post editorial board.

http://www.washingtonpost.com/wp-dyn/content/article/2007/12/07/AR2007120702550.html?hpid=topnews

Answer: because that is what SHOULD be done.

Congressman Sherman discusses mortgage relief legislation on CNBC business panel

If you're new around here, you might want to subscribe to our Upside-Down Mortgage RSS feed. It's quite likely the only feed of it's type on the internet!