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Old 09-08-2008, 04:32 PM   #15
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 61
Posts: 15,817
Re: US Government takes over mortgage giants

Quote:
Originally Posted by Mattyk72 View Post
Where's the bailouts for the consumers?
If I'm correct the goverment is requiring the mortgage co to convert the loans over to a 30 year fixed loan regardless if the consumer is up side down in the loan. I think there is a few other thing they are doing but I'm not sure what they are.
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