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xoxoxoBruce · 01-21-2010, 01:46 PM

I got the impression the government was not paying the mortgage companies the difference, just threatening them with tougher regulations if they didn't "volunteer" with writing the reduction off as bad debt.

01-21-2010, 01:46 PM	#3
xoxoxoBruce The future is unwritten Join Date: Oct 2002 Posts: 71,105	I got the impression the government was not paying the mortgage companies the difference, just threatening them with tougher regulations if they didn't "volunteer" with writing the reduction off as bad debt. __________________ The descent of man ~ Nixon, Friedman, Reagan, Trump.