More Subprime Loans?
Started by
redfoliage2
, Apr 29 2008 12:51 PM
1 reply to this topic
#1
redfoliage2
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Posted 29 April 2008 - 12:51 PM
I hope the money Fed is lending to the market won't become subprime loans. The question is whether the Fed could become insulvent?
#2
U.F.O.
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U.F.O.
Posted 29 April 2008 - 03:32 PM
It won't. It's difficult now to get a conventional, conforming FNMA/Freddie loan, much less a junk loan.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~
