Thursday, September 3, 2009

Did you know the FHA Numbers?

"The FHA's aggressive lending programs have continued throughout the housing downturn, causing its market share of the mortgage industry to grow from 2% in 2005 to 23% today"
Now that's ridiculous... not to mention clearly manipulated behavior on the part of likely the Fed, FHA and probably Barney Frank.

These guys are trying to fix prices...by creating one huge margin call. When will the insanity stop?
 
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