Loan Business « home loans – mortgage refinance second mortage

September 1, 2009

Should the government get in the mortgage business, like it is in the student loan business?

Filed under: Politics — Tags: Bailout, Ceo, End Result, Financial Crisis, Government Foreclosure, Home Loans, Liberals, Loan Business, Mortgage Business, Proof, Student Loan — admin @ 3:36 am

SmooveB asked:

Because that is in effect, what might be the end result of this bailout. Why couldn’t the government just make (foreclosure-proof) home loans to everyone, regardless of whether they can repay them? This should appeal to liberals; after all, the greedy rich CEO’s who caused the financial crisis would be taken out of the equation.

QUINCY

Comments (6)