金正日逝世# Poetry - 海棠诗社
h*y
1 楼
Because who knew lax lending could lead to big losses?
http://www.marketwatch.com/story/fha-adopts-countrywide-model-with-same-result-2009-09-04?siteid=rss&rss=1
These guys are just genius, where can you recruit all of them? With $8K
government credit for its 3.5% downpayment, that is precisely the same
formula blew up Bear, Lehman, AIG, Fannie and Freddie. FHA was established
to make housing affordable in US, but now it is being used to prop up the
housing price...how ironic!
http://www.marketwatch.com/story/fha-adopts-countrywide-model-with-same-result-2009-09-04?siteid=rss&rss=1
These guys are just genius, where can you recruit all of them? With $8K
government credit for its 3.5% downpayment, that is precisely the same
formula blew up Bear, Lehman, AIG, Fannie and Freddie. FHA was established
to make housing affordable in US, but now it is being used to prop up the
housing price...how ironic!