Citibank Gets $306 Billion

iVillage Member
Registered: 03-25-2007
Citibank Gets $306 Billion
185
Mon, 11-24-2008 - 1:21am

Detroit needs to hurry up and come up with a plan.

Sopal

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iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 6:51pm

"Flippers would buy very expensive/overpriced real estate for $300K and more to flip it 30 days later.

iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 6:53pm

"Do you have a link about the CRA (which is a law not a mortgage institution) actually funding loans?

iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 7:25pm

"As I understand CRA is simply a law, not a source of funding by itself. "


No need to be fooled by the sqwauks of the local moonbats.

iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 7:44pm

"(rolling my eyes)"


Yea, I thought that when I read your post.

iVillage Member
Registered: 03-25-2007
Tue, 12-02-2008 - 7:47pm

<LOL

Sopal

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iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 7:48pm

"Apparently you are unable to provide a link to support your assertion that the CRA is a lending institution.

iVillage Member
Registered: 03-25-2007
Tue, 12-02-2008 - 7:49pm
If the CRA is not a lending institution (it isn't), why were you asserting that it was funding the loans?

Sopal


Sopal

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iVillage Member
Registered: 11-22-2008
Tue, 12-02-2008 - 7:59pm

"You have not provided any links to prove the the CRA is a lending institution"


Again, I never claimed that it was.

iVillage Member
Registered: 03-25-2007
Tue, 12-02-2008 - 8:02pm

The CRA did not require the loans.

Sopal

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