Gross: Bush needs to rescue homeowners

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#31 (permalink)

08-25-2007, 05:55 AM

Art Burtt

CC Member

Join Date: Nov 2002

Location: Flanders, NJ

Cobra Make, Engine: Classic Roadsters 351 Windsor 405 HP

Posts: 1,043

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I seem to remember a mortgage was supposed to be no more than one weeks salary and you needed a minimum of 10 % down plus a clean credit history to get a mortgage. Are mortgage "brokers" on commision? Maybe this added to the mess. No way should the government ie. "us" bail out these people!

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