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Congress questions Paulson, Bernanke Congress questions Paulson, Bernanke http://www.bloomberg.com/apps/news?pid=20601087&sid=at8cHVhFPcDo&refer=w...
"What are you gonna have?" "I dunno. What are you gonna have?" "I dunno. I guess I'll have whatever he's having." Gee, I dunno. What's that she's having?" »
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PollCan Maduro get a fair trial from Alvin Hellerstein? Of course, Judge Hellerstein is a jurist with integrity. 0% No, Judge Hellerstein works on behalf of the Zionist deep state. 0% Whether he does or not is irrelevant, Maduro is part of the op. 0% He will be bribed into pleading guilty to something minor. 100% Other (specify in comments.) 0% Total votes: 1
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I have a question for Paulson
This is probably a really stupid question, but I know nothing about finances/banking, etc. Amid all the talk about foreclosures, I don't hear anyone talking about private mortgage insurance (PMI). I have been paying PMI each month for years because I didn't have enough of a downpayment when I bought my house. What the fuck is PMI for if it doesn't insulate the banks from people's inability to make their mortgage payments? Does anyone know how this works? As far as I can figure, the banks shouldn't be in trouble, just the insurance companies or underwriters or whoever is backing the private mortgage insurance!
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"It is difficult to get the news from poems yet men die miserably every day for lack of what is found there."
--William Carlos Williams (from the poem 'From')
I have a question for Paulson
This is probably a really stupid question, but I know nothing about finances/banking, etc. Amid all the talk about foreclosures, I don't hear anyone talking about private mortgage insurance (PMI). I have been paying PMI each month for years because I didn't have enough of a downpayment when I bought my house. What the fuck is PMI for if it doesn't insulate the banks from people's inability to make their mortgage payments? Does anyone know how this works? As far as I can figure, the banks shouldn't be in trouble, just the insurance companies or underwriters or whoever is backing the private mortgage insurance!
E
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"It is difficult to get the news from poems yet men die miserably every day for lack of what is found there."
--William Carlos Williams (from the poem 'From')