Posts Tagged ‘CNBC’
Send em to “fine print class” but no mortgage money – Update: Poll
Update: Take the CNBC poll too … will you join the Chicago Tea Party? The outrage over the Obama Housing Rescue Plan is starting to boil over … more. CNBC’s Rick Santelli garnered national attention this morning on the floor of the Chicago Merc over Obama’s plan to rescue predominately people who either bought too…
Read MoreBailing Out The House Flippers
I will post more details as they become available. But the thrust of the plan is simple. Help homeowners who are underwater or can’t afford the monthly payment. * Enable refinancing for 4 million to 5 million “responsible” homeowners who took out conforming 30-year fixed mortgages with an 80 percent or lower loan-to-value ratio and…
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