Looks like a lot of HUD REO's are coming

[kurtyordy]

http://news.yahoo.com/s/ap/20080214...my_stimulus;_ylt=Au1aWe0P4Qq9X5YvU0vabtcD5gcF

_Housing rescue: Allow more subprime mortgage holders to refinance into federally insured loans by raising the limit on Federal Housing Administration loans from $362,790 to as high as $729,750 in expensive areas. Increase the availability of mortgages by providing a one-year boost to the cap on loans Fannie Mae and Freddie Mac can buy, from $417,000 up to $729,750 in high-cost markets.

Looks like it may be time to start buying the bank stocks, Uncle Sam to their rescue

 

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[andviv]

the link does not work for me. It seems to be related to your email account somehow. Could you please try posting the link again? or is it me?

 

[kurtyordy]

try again, not sure how I mixed that up. Too much multitasking.