With This Buy Out Proposal Will It Allow People Who Have Faulted on Their Home Loans Stay in?

home loans

With people who got their faulted loans refinanced by Fannie May (or but it’s spelled) buy out the poor credit loans and they are looking at getting the buy out will that mean those who have loans faulted by them stay in their homes they didn’t pay for?

I mean I have a legit loan through GMAC why can’t I fault on my loan and get my house for free?

I am not sure if this is the truth behind part of the buy out is this right can someone clarify?

Keiser Report №27: Markets! Finance! Scandal!

This week Max Keiser and co-host Stacy Herbert look at the scandals of Ben Bernanke’s zero set aside supplies proposal; the game of IMF chicken between Greece and Germany; the sinister German ring fence fund spy plot; and Max Keiser for President of Greece?! Keiser also talks to Business Insider’s Gregory Colorless about deflation, inflation and moving to Asia!