| Story Views | |
| Now: | |
| Last Hour: | |
| Last 24 Hours: | |
| Total: | |
FSN: Obama Administration Pushes Banks to Make Home Loans to People With Weaker Credit
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
[Ed. Note: Wonder how this is going to work? Oh that's right, didn't the same thing happen and we wound up with the economic collapse of 2008-09? ~Kerry.]
by Zachary A. Goldfarb
Washington Post
The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
President Obama’s economic advisers and outside experts say the nation’s much-celebrated housing rebound is leaving too many people behind, including young people looking to buy their first homes and individuals with credit records weakened by the recession.
Continue Reading at WashingtonPost.com…
2013-04-03 00:33:31
Source:
