Comments on: WAIT, does anyone in this room remember any recent history ? how about Bush’s zero down initiative? http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative FREE Info - Learn How to Buy with a Zero Down Mortgage. Tue, 07 Sep 2010 06:02:44 -0500 http://wordpress.org/?v=2.8.5 hourly 1 By: D squared http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative/comment-page-1#comment-678 D squared Thu, 29 Oct 2009 12:27:59 +0000 http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative#comment-678 When the real estate market was riding high and everyone was buying. There was not a peep out of old McCain or Bush, warning everyone not to buy. In fact the opposite happened. They advocated to buy, buy, buy. And took credit for it too. Now when things turned sour it's "oh those Democrats" they are to blame. Please <br><b>References : </b><br> When the real estate market was riding high and everyone was buying. There was not a peep out of old McCain or Bush, warning everyone not to buy. In fact the opposite happened. They advocated to buy, buy, buy. And took credit for it too. Now when things turned sour it’s "oh those Democrats" they are to blame. Please
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]]> By: Lyle G http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative/comment-page-1#comment-677 Lyle G Thu, 29 Oct 2009 12:07:59 +0000 http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative#comment-677 Apparently not. FHA foreclosures DROPPED afterward, contrary to the predictions, and FHA (so far) isn't among the collapsed programs. In contrast, the programs Frank and Dodd run are floating belly-up at the top of the bowl, have funneled train-loads of money to liberal politicians (prominently including themselves . . not to forget Obama) and now Frank and Dodd are demanding to be given private lenders to operate in exactly the same way.<br><b>References : </b><br> Apparently not. FHA foreclosures DROPPED afterward, contrary to the predictions, and FHA (so far) isn’t among the collapsed programs.
In contrast, the programs Frank and Dodd run are floating belly-up at the top of the bowl, have funneled train-loads of money to liberal politicians (prominently including themselves . . not to forget Obama) and now Frank and Dodd are demanding to be given private lenders to operate in exactly the same way.
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]]> By: nothingconstant http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative/comment-page-1#comment-676 nothingconstant Thu, 29 Oct 2009 11:42:59 +0000 http://www.zerodownwebsite.com/zero-down-mortgage/wait-does-anyone-in-this-room-remember-any-recent-history-how-about-bushs-zero-down-initiative#comment-676 They forget about the Home Expansion Act of 2001 too.... They won't listen. http://www.novoco.com/homeownership/resource_files/legislation/S_1620.pdf ""(a) FINDINGS- Congress finds that-- (1) expanding home ownership is a national goal, and that increasing the principal secondary market outlets for conventional home mortgages will serve that goal by improving the liquidity of investments in those mortgages; and (2) risk-sharing between the public sector and the private mortgage insurance industry will provide consumers with greater access to mortgage credit opportunities.""<br><b>References : </b><br> They forget about the Home Expansion Act of 2001 too….

They won’t listen.

http://www.novoco.com/homeownership/resource_files/legislation/S_1620.pdf

""(a) FINDINGS- Congress finds that–

(1) expanding home ownership is a national goal, and that increasing the principal secondary market outlets for conventional home mortgages will serve that goal by improving the liquidity of investments in those mortgages; and

(2) risk-sharing between the public sector and the private mortgage insurance industry will provide consumers with greater access to mortgage credit opportunities.""
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