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Old 12-18-2007, 11:31 PM
hometowngrl53 hometowngrl53 is offline
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Default Fed Endorses Home Mortgage Plan
Fed Endorses Home Mortgage Plan

WASHINGTON (AP) - The Federal Reserve moved Tuesday to protect home buyers from dubious lending practices, its most sweeping response to a mortgage meltdown that has forced record numbers of people from their homes

read here http://news.aol.com/story/_a/fed-end...18155509990010
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Old 12-19-2007, 02:19 PM
bartongrl1 bartongrl1 is offline
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Default Fed endorses home mortgage plan.
Now they implement this? And how about the borrowers that say that they have more resources than they do? I think they need to restructure the lending and borrowing scenario. Check on both ends to see who is doing right and who is being dishonest.

If this had been implemented years ago, we might not now be having these problems.
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