Tweetthat is part of it,
obies plans are leaking out
so far all of his appointments are well liked
today, in the markets they basically leaded that mortgages will be going too 4.5% for most anyone, plus, for those that need a workout, it will be worked out banks will eat the hit, home builders are building less homes each month,
they are leaking out the plan, it is very simple plan, we have x of supply, we are doing this for present homeowners now, all future homeowners get 4.5% and excess supply should come in balance by y
problems right now is alt a - loans and teaser rate arms are coming due, and these are out of whack and foreclosures were going too skyrocket is nothing is done
so, now, they laid it out in a simple math way, everyone on wall street understand simple math, thus, the insecurity of HOW they will solve this is liked by all
which is basically lower rates for all too refi to present income levels, screw the value, u banks will eat it, tough dookie, you would eat it anyways and we are saving your arses
so,,,,,,,,,,,,,,,,,,,we finally have a KISS answer to the mess from the government
if all problems get a kiss treatment, and he rides hell on discipline
market is going too pahtay