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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:17 PM Original message |
TPM: New mortgage program (HARP) applies only to GSE loans (no bank bailout) |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:26 PM Response to Original message |
1. What is GSE? |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:30 PM Response to Reply #1 |
2. Government Sponsored Enterprise. Federal mortgage banks, in other words. |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:39 PM Response to Reply #2 |
5. Why are they holding $5 trillion in mortgages? |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:43 PM Response to Reply #5 |
8. This bad private debt was transferred to the public balance sheet. |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:10 PM Response to Reply #8 |
20. That's the way I see it also... |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:09 PM Response to Reply #5 |
26. They're govt. sponsored entities intended to provide reliable low-cost mortgages. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:26 PM Response to Reply #26 |
28. It's "Government Sponsored Enterprises," not entities. |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:32 PM Response to Reply #28 |
30. I know what the acronym means. Apparently, I know them better than you do. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:46 PM Response to Reply #30 |
36. Your post did not address my point. |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:33 PM Response to Original message |
3. Kicked and recommended. So much for the fresh anti-Obama propaganda. nt |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:36 PM Response to Original message |
4. Aaaand the unrecs have gotten here. Must protect the narrative of OBAMA BAD! |
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trumad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:39 PM Response to Original message |
6. Uh---yeah it is: |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:43 PM Response to Reply #6 |
9. That is only logical. The GSE's have finished their putbacks and once |
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trumad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:49 PM Response to Reply #9 |
12. Dude---really? |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:53 PM Response to Reply #9 |
13. This logic only works for one-percenter bankers. |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:02 PM Response to Reply #13 |
14. Any new re-fi replaces the old one - Big Deal! |
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dkf (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:28 PM Response to Reply #13 |
29. "In most cases people would probably be better off walking," |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:34 PM Response to Reply #29 |
31. What do you mean? |
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dkf (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 07:24 PM Response to Reply #31 |
38. They aren't seeking gratitude...we are. It's not something they are capable of. |
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slipslidingaway (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:36 PM Response to Reply #9 |
33. Link needed to the write down under this program. TIA n/t |
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dkf (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:29 PM Response to Reply #6 |
22. Yikes is this meant to help out the banks? |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:36 PM Response to Reply #22 |
34. No, it's meant to help homeowners avoid foreclosure. nt |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:40 PM Response to Original message |
7. This is blatant disinformation. |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:45 PM Response to Reply #7 |
10. Would you care to inform us how TPM is deceiving us? |
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Name removed (0 posts) Send PM | Profile | Ignore | Mon Oct-24-11 04:48 PM Response to Reply #10 |
11. Deleted message |
dennis4868 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:04 PM Response to Original message |
15. You ruined the DU narrative... |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:09 PM Response to Reply #15 |
17. Can you explain how it is not a bailout? |
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dennis4868 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:10 PM Response to Reply #17 |
19. go read Krugman, he can explain it better than me. |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:11 PM Response to Reply #19 |
21. Krugman has a lot of articles on different matters... |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:36 PM Response to Reply #21 |
32. Krugman: "Joe Gagnon, someone I take very seriously.... thinks that this could be huge" |
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Skidmore (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:09 PM Response to Reply #15 |
18. Apparently so. |
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trumad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:34 PM Response to Reply #15 |
23. really...then |
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kentuck (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:40 PM Response to Reply #23 |
24. You must be trying to make Obama look bad |
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dennis4868 (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:53 PM Response to Reply #23 |
25. yes you are making shit up....try again! |
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TheWraith (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:37 PM Response to Reply #23 |
35. Nobody other than FireDogLake is making shit up. |
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girl gone mad (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 07:09 PM Response to Reply #35 |
37. What is FDL making up? |
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Crabby Appleton (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 05:06 PM Response to Original message |
16. There is no principle write-down in this program. |
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banned from Kos (1000+ posts) Send PM | Profile | Ignore | Mon Oct-24-11 06:13 PM Response to Reply #16 |
27. That makes sense. Details were light as I got to this today. n/t |
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