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  • a fat panda: 
  • Comments (477)
  •  • Instablog (5)
  •  • StockTalk (4)

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  • Joe The Economist
  These people are freakin clueless. Housing is coming back. Bell bottoms are coming back, are you holding on to those as well?
  
  In the meantime we are putting renters into homes, and giving homeowners an incentive to rent. This is beyond the normal level of stupidity for the government.
  
  We are giving the GSEs capital to run a rental business which is a highly competitive business with low margins when they couldn't run a monopoly with high margins. This is just genius.
  
  BUSINESS NEEDS CAPITAL NOT THE BUREAUCRATS.

  Nov 05 03:52 PM | Link | Reply
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  • enigmaman: 
  • Comments (687)
  •  • StockTalk (1)
  another version of the game of Kick the Can, first it was the banks reclassify toxic assets under the new mark to market rules and now FANNIE will lease houses in lieu of foreclosure, another way to keep toxic assets on the books and not have to account for them as well as get hard assets in return.Is FANNIE now going to be the biggest rental company in America and or the biggest home owner. Either way this doesnt sound like a good idea for America

  Nov 05 03:59 PM | Link | Reply
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  • vboring: 
  • Comments (127)

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  • vboring.blogspot.com
  Is it cheaper to pay for the lease or hire a lawyer?
  
  There are so many stories of "owners" staying in the house for more than a year after their last payment at zero cost. So where is the incentive to pay for the right to stay put when you can do it for free?

  Nov 05 04:05 PM | Link | Reply
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  • TraderD: 
  • Comments (19)
  Cash for Clunkers, Deed for Lease....... What's next? __________ for Freedom ? You fill in the blank.

  Nov 05 04:06 PM | Link | Reply
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  • kurtieboy: 
  • Comments (16)
  Insanity!!!This is surreal.

  Nov 05 04:25 PM | Link | Reply
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  • 00Billy: 
  • Comments (16)
  classic meaning of slum lord?

  Nov 05 06:41 PM | Link | Reply
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  • youngman442002: 
  • Comments (611)
  This is the governement takeover of housing..right now they are the only loan game in town..and now they will own most of the homes...now you will need politicial connections go get a house..and the government will subsidize it....look at Russia in the 70´s....government housing...

  Nov 05 07:52 PM | Link | Reply