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LongTimeListener

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LongTimeListener
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  • Those people don't need help, they are already have lower monthly expenses...and if they aren't spending their excessive savings now..they never will. There is already a bail out plan for renters who decided not to buy a house....aren't they ca…
    in Bailout of the Bailout Question... Comment by LongTimeListener December 2008
  • RCC, I must not be saying this very well. If lenders protect themselves by having the buyer purchase PMI, and this protects the lender, why are the taxpayers on the hook for $700B? In addition, PMI consumes $$ from the buyer. Money, that co…
    in PMI...What's the Point? Comment by LongTimeListener October 2008
  • It still seems odd to me, that with all the talk of a bailout, little mention has been made of PMI. It burdens the homeowner, and IS supposed to mitigate the risk assumed by the lender making higher risk loans. Tim, with your skill at finding …
    in PMI...What's the Point? Comment by LongTimeListener October 2008