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US Government takes over mortgage giants

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Old 09-08-2008, 04:03 PM   #16
redskinjim
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Join Date: Jun 2008
Location: fresno ca
Posts: 377
Re: US Government takes over mortgage giants
yes they gave a mortgage to people who did not qualify.They lost a fortune what a shocker.Now the taxpayers take the hit. The govt is broke we have nothing left to sell even our houses are not worth crap. Back in the 80s we still had real estate that the japanese were buying up. Now we can only borrow.
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