Relevant:
- fannie mae to punish strategic defaulters
- Representatives Convey and Kaptur Call on Geithner, Fannie, FHFA to Stop Efforts to Pursue Strategic Defaulters
- Neugebauer bill left out of GSE reform
- (Saving...) Fannie Mae, Freddie Mac to go after more strategic defaulters
- House bill puts squeeze on FHA buyers
2010-06-10 — zerohedge.com
``The Republican Motion to Recommit H.R. 5072, the FHA Reform Act, would amend the bill to prohibit individuals who strategically default on their mortgage from accessing the FHA program and protect taxpayers from financing a bailout of FHA programs.'' -- Banksters always looking for ways to legislate "payback." Interestingly this move should pit bankers against builders...
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Comments:
tvsterling at 19:49 2010-06-11 said:
Despite their drive to reinvent themselves as a populist party (or at least appear so) This serves as a reminder of just who & what the Republicans are. Wherever the interests of the rich & powerful are, there will be the Republicans fighting the good fight against the rest of us. Permalinkadd a comment | go to forum thread
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