“Moreover, Morgan Stanley is pushing a mortgage relief plan directly to Congress. On August 3, a top Morgan Stanley economist recommended to the Senate Budget Committee that Fannie and Freddie ease their lending standards to allow millions of Americans to refinance their mortgages.”
sounds like that want to pile debt upon debt and pretend it is collectible. I hope the administration is planning to do something positive, but I will believe it when I see it.
This would actually be a huge fucking deal. Stimulus that gets toxic waste off the books? Yeah.
Yeah, and it was all over the web, so somebody leaked it to Wall Street. We’ll see.
“Moreover, Morgan Stanley is pushing a mortgage relief plan directly to Congress. On August 3, a top Morgan Stanley economist recommended to the Senate Budget Committee that Fannie and Freddie ease their lending standards to allow millions of Americans to refinance their mortgages.”
sounds like that want to pile debt upon debt and pretend it is collectible. I hope the administration is planning to do something positive, but I will believe it when I see it.
This would actually be a huge fucking deal. Stimulus that gets toxic waste off the books? Yeah.
Yeah, and it was all over the web, so somebody leaked it to Wall Street. We’ll see.