Burton Cartel EST

Yazan anon 224 > Bus and MRT fares go up every year. < There could be a variety of reosnas for that spme of which are beyond the control of any govt, like price of fuel, increased monetary inflation.The main cause of rising prices without the raising of STANDARDS same old shitty buses is that the govt, S'pore govt fancies itself as a "business".So when it does "business" is sucks away opportunity which should be left to ordinary private citizens. > I'm sick of this Gahment. Can't wait to throw it out of the window if given the chance. < Most people all over the world are disenchanted with the particular govt which governs them, so you are not alone.Throwing them out might give you the feeling of "revenge" (priceless) but unfortunately things will not change all that much.WHY?Because the People Always Get The Government They Deserve and S'poreans place heavy demands on their govt.

Jayhawk

Fannie and Freddie don&#8217;t actually make mortgages they simply provide funding to companies that do. Usually a bank or other institution makes home loans then package similar risk loans together and sells the package to fannie and freddie. This allows the banks to replenish their lonable funds and make new loans. Since the banks know the loans would be sold before they went into default they had no incentive to make sure people would be able to repay the loans. The bankers just wanted to make their loan fees and pass the problem along to fannie and freddieSince these organizations were created by an act of congress fannie in 1938 many people believed ( correctly as it turned out) that there was an implied guarantee by the U.S. Government.To answer your question capital requirements of say 10% of their holdings would have provided a cushion for tax payers fannie and freddie combined hold over $5 trillion in mortgages so 10% of that would be $500 billion in reserves that could have been used to offset losses. Was this answer helpful?

http://www.onlinemenspills.com/ bestpriceforedpills.com

Jacalyn

Fannie and Freddie don&#8217;t actually make mortgages they simply provide funding to companies that do. Usually a bank or other institution makes home loans then package similar risk loans together and sells the package to fannie and freddie. This allows the banks to replenish their lonable funds and make new loans. Since the banks know the loans would be sold before they went into default they had no incentive to make sure people would be able to repay the loans. The bankers just wanted to make their loan fees and pass the problem along to fannie and freddieSince these organizations were created by an act of congress fannie in 1938 many people believed ( correctly as it turned out) that there was an implied guarantee by the U.S. Government.To answer your question capital requirements of say 10% of their holdings would have provided a cushion for tax payers fannie and freddie combined hold over $5 trillion in mortgages so 10% of that would be $500 billion in reserves that could have been used to offset losses. Was this answer helpful?

http://www.onlinemenspills.com/ bestpriceforedpills.com

Rennifer

Fannie Mae loaned out money recklessly to people who not pay it back. So Fannie is stuck with a bunch of houses that can be sold, but they have to be sold at a loss. Let&#8217;s say the average loss on a house is 20%. If they had a reserve of 20%, the could take the loss and not need anymore money. The investors would have lost 20%, but that&#8217;s all.Without the reserve, Fannie Mae is flat broke. So they have to come to the taxpayers to make up the losses beyond the 20%. Reckless liberal bleeding hearts that think dead beats should have a house just like us working stiffs. Now those deadbeats don&#8217;t have a house anyway, but as a taxpayer I have to make up for Barney Frank and Chris Dodd&#8217;s generosity to their voters. Since Fannie and Freddie are broke, that should be the end of it. No more government giving away houses. Real banks issue loans ONLY to people who can pay it back. They used to call it &#8220;red lining&#8221; as though it was racism at work, when it was just prudence. Was this answer helpful?

comparequotesonline.net http://www.cheappillsfored.com/

Lucka

Fannie Mae loaned out money recklessly to people who not pay it back. So Fannie is stuck with a bunch of houses that can be sold, but they have to be sold at a loss. Let&#8217;s say the average loss on a house is 20%. If they had a reserve of 20%, the could take the loss and not need anymore money. The investors would have lost 20%, but that&#8217;s all.Without the reserve, Fannie Mae is flat broke. So they have to come to the taxpayers to make up the losses beyond the 20%. Reckless liberal bleeding hearts that think dead beats should have a house just like us working stiffs. Now those deadbeats don&#8217;t have a house anyway, but as a taxpayer I have to make up for Barney Frank and Chris Dodd&#8217;s generosity to their voters. Since Fannie and Freddie are broke, that should be the end of it. No more government giving away houses. Real banks issue loans ONLY to people who can pay it back. They used to call it &#8220;red lining&#8221; as though it was racism at work, when it was just prudence. Was this answer helpful?

onlinecollegeoffers.net comparequotesonline.net

Alexandra

Fannie Mae loaned out money recklessly to people who not pay it back. So Fannie is stuck with a bunch of houses that can be sold, but they have to be sold at a loss. Let&#8217;s say the average loss on a house is 20%. If they had a reserve of 20%, the could take the loss and not need anymore money. The investors would have lost 20%, but that&#8217;s all.Without the reserve, Fannie Mae is flat broke. So they have to come to the taxpayers to make up the losses beyond the 20%. Reckless liberal bleeding hearts that think dead beats should have a house just like us working stiffs. Now those deadbeats don&#8217;t have a house anyway, but as a taxpayer I have to make up for Barney Frank and Chris Dodd&#8217;s generosity to their voters. Since Fannie and Freddie are broke, that should be the end of it. No more government giving away houses. Real banks issue loans ONLY to people who can pay it back. They used to call it &#8220;red lining&#8221; as though it was racism at work, when it was just prudence. Was this answer helpful?

comparequotesonline.net http://www.cheappillsfored.com/

Sailor

Fannie Mae loaned out money recklessly to people who not pay it back. So Fannie is stuck with a bunch of houses that can be sold, but they have to be sold at a loss. Let&#8217;s say the average loss on a house is 20%. If they had a reserve of 20%, the could take the loss and not need anymore money. The investors would have lost 20%, but that&#8217;s all.Without the reserve, Fannie Mae is flat broke. So they have to come to the taxpayers to make up the losses beyond the 20%. Reckless liberal bleeding hearts that think dead beats should have a house just like us working stiffs. Now those deadbeats don&#8217;t have a house anyway, but as a taxpayer I have to make up for Barney Frank and Chris Dodd&#8217;s generosity to their voters. Since Fannie and Freddie are broke, that should be the end of it. No more government giving away houses. Real banks issue loans ONLY to people who can pay it back. They used to call it &#8220;red lining&#8221; as though it was racism at work, when it was just prudence. Was this answer helpful?

comparequotesonline.net http://www.cheappillsfored.com/