BrainKing - Diskusjonsforum (Politics)

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22. mars 2013, 22:10:42

Iamon lyme

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Emne: Re:Isn't that what Fannie and Freddy was all about in the US?

(V): "From what Lamon has posted of it's operating nature... no."

But if it has the same result... then yes.

"...the government will effectively underwrite mortgages. It's right the Institute for Fiscal Studies warned there are risks."

We were warned too.

"Some borrowers might be far less conservative in what they aim to buy, some may default rather than tighten their belts."

Yep, that could happen. It happened over here.

"And in no way would such be allowed by the UK people."

So, are you saying "The Government has released a new scheme to help people buy homes" and it WILL be allowed, because its "operating nature" is not the same as mae or mac... even though it essentially does the same thing?