New Real Estate Mortgages Update

News Sources wrote an interesting post today on
Here’s a quick excerpt
PPIP finally launches , Mike Konczal lays bare the subsidy , everyone just move along … hey, wait a second! From the Times article: “[FDIC] officials announced that they had reached a deal to sell $1.3 billion in mortgages from Franklin Bank, a Houston-based lender that failed last November and was taken over by the F.D.I.C.” Konczal, of course, also caught this: “The first argument is that it would take banks that were otherwise healthy and allow them to start lending again in the mid

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This entry was posted on Thursday, September 24th, 2009 at 1:27 pm and is filed under Real Estate Mortgages.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.