[RANT] [Politics/Religion] Serious Joe Biden WTF?

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gleek

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Re: [RANT] [Politics/Religion] Serious Joe Biden WTF?

« Reply #15 on: October 03, 2008, 07:49:58 AM »

Why couldn't these deals be structured so that the gubmint takes a lien against the house? It would be as if the borrower took out a 2nd from a different lender (ie. The gubmint) to pay down the first. The 2nd loan would be interest-free and require no monthly payment on principal, but it would be payable when the house is sold.


« Last Edit: October 03, 2008, 07:52:22 AM by gleek »	Logged

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