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Duration : 0:9:58
This is a response to the poor video at http://www.youtube.com/watch?v=2PlzAIURH6o
UPDATE: This user pulled the video due to lack of facts and has reloaded it at http://www.youtube.com/watch?v=maWr_ZEaR5g
In short (the rest of the detailed information is at the link on the bottom), Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) were the main causes of the housing market collapse and subsequent economic downturn.
They engaged in massive amounts of subprime lending (Alt-A mortages, “stated income, stated asset” loans, no down payments, etc) to the tune of over $1.6 trillion and sold these back on the market as mortgage-backed securities.
Clinton’s HUD ratcheted up the subprime (lending to “underserved”, low-income and very low-income areas) lending quotas of the Community Reinvestment Act and here we are now.
It’s no surprise that AIG, Countrywide, IndyMac and Washington Mutual were heavily invested in these mortgage-backed securities. Call your Senators and Congressman. Demand that Freddie Mac and Fannie Mae be elimintated.
http://www.freewebs.com/professor_enigma/fanniemaefreddiemac.htm
Part II of our video response is at http://www.youtube.com/watch?v=rkGE9P2aYZY
Duration : 0:9:23
http://sunnyphiladelphia.com/
Watch It’s Always Sunny in Philadelphial Season 5 Premiere 2009 The Gang Exploits the Mortgage Crisis online For Free
It’s Always Sunny in Philadelphia S 5 E 1 The Gang Exploits the Mortgage Crisis [SHQ]
Dennis, Mac, and Frank go into real estate, while Dee sets out to be a surrogate for a wealthy couple. Charlie gets into it with an attorney over the law.
It’s Always Sunny in Philadelphia Season 5 Episode The Gang Exploits the Mortgage Crisis full tv watch s5 s 5 se5 se 5 e1 e 1 ep1 ep 1 5×1 501 S05 E1 se05 ep1 05 1 start first new 5.1 watch online for free shq
Duration : 0:2:23
http://sunnyphiladelphia.com/
Watch It’s Always Sunny in Philadelphial Season 5 Premiere 2009 The Gang Exploits the Mortgage Crisis online For Free
It’s Always Sunny in Philadelphia S 5 E 1 The Gang Exploits the Mortgage Crisis [SHQ]
Dennis, Mac, and Frank go into real estate, while Dee sets out to be a surrogate for a wealthy couple. Charlie gets into it with an attorney over the law.
It’s Always Sunny in Philadelphia Season 5 Episode The Gang Exploits the Mortgage Crisis full tv watch s5 s 5 se5 se 5 e1 e 1 ep1 ep 1 5×1 501 S05 E1 se05 ep1 05 1 start first new 5.1 watch online for free shq
Duration : 0:2:18
What order should you pay your bills? First, mortgage, then car payment, then credit cards, then any medical bills. Your mortgage, car payment and credit cards have interest charges that will apply immediately if you miss a payment, so they should always be first. If you have more questions, you can call the United Way’s helpline at 1-800-427-4626 or 2-1-1 for information about trusted community resources in the Greater St. Louis area you can turn to.
Duration : 0:1:15
Mortgage refinancing and debt consolidation are great ways to reduce your monthly payments, save money on interest, and free up money to spend on the things you need and want. Regina mortgage broker Miles Zimbaluk (http://www.saskhomebuyer.com) provides this presentation. If you’re a Canadian home owner, you can apply online with Miles for mortgage refinancing at http://www.saskhomebuyer.com/apply.html.
Duration : 0:8:5
Mike takes questions from the audience after the Minneapolis, Minnesota premiere of ‘Capitalism: A Love Story’ at the Lagoon Theater on Friday, September 18th, 2009.
Causing the revolt at http://www.michaelmoore.com/
Duration : 0:9:9
