Pocket Watch Org

Why are libs making SUBPRIME LOANS again? $1000 down? Low income familes? Fannie Mae?
Wisconsin Housing and Economic Development Authority
Madison – After more than a year of not funding single family loans, the Wisconsin Housing and Economic Development Authority (WHEDA), Wisconsin’s leader in affordable home homeownership, re-entered the affordable home loan market today with the help of Fannie Mae.
…
we’re confident that the new product we’re offering, the WHEDA Fannie Mae Advantage, is going to meet this new reality as well as the expectations of the marketplace.”
Those expectations include an affordable home loan that will help more low and moderate income Wisconsin families become homeowners with very little cash out-of-pocket.
http://www.ncsha.org/story/wheda-returns-lending-partnership-fannie-mae
Didn’t we hear this before? http://www.youtube.com/watch?v=_MGT_cSi7Rs
As the “recovery summer” turns into a nightmare, one thing has become painfully clear: This is the most economically incompetent administration since the Great Depression.
Emily with a pocket watch