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Occupy Underground

dkf

(37,305 posts)

1. Why doesn't the federal government just refinance these loans and take it on themselves?

Reply to Fire Walk With Me (Original post)

Thu Jan 17, 2013, 12:13 PM

Jan 2013

Yeah we the people will get stuck holding the bag but we are the ones who want to keep people in these homes and likely they are Fannie or Freddie loans anyway.

Forget about write downs, just give decent mortgage rates and let it sort itself out.

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New Rules Aimed To Protect Homeowners From Foreclosure [View all] Fire Walk With Me Jan 2013 OP

Why doesn't the federal government just refinance these loans and take it on themselves? dkf Jan 2013 #1

Fannie and Freedie are bastards as well, they're of zero help. Fire Walk With Me Jan 2013 #2

Well maybe we need another true government entity. dkf Jan 2013 #3