Gee Mail

All that stuff that the grandparents forward….

HOME OWNERSHIP

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I can’t believe the Senator was able to make such a profound statement. I thought that was the purpose of getting qualified before the process began.

IN GOD WE TRUST

I can’t add anything to this, I just can’t!

Does this explain liberals to you?

In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn.) proposed that borrowers be required to make a 5% down payment in order to qualify for a loan.

His proposal was rejected 57-42 on a straight party-line vote because, as Senator Chris Dodd (D-Conn) explained, "Passage of such a requirement would restrict home ownership to only those who can afford it."

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