Archive for the ‘God’ tag
Earth Day is Today, April 22nd [Life In Queen City]
Guess what…Today is Earth Day. I did not know that until I received a reminder to send out my special Holiday card to everyone that is on my email list. In case you were missed here it is. Happy Earth Day.
These are a couple of my favorite photos I wanted to share with you on Earth Day. Earth Day is about our earth and finding ways and means to make it better. Check out this link about ways to make your part of this earth a little better. US Department of Energy.
God bless you and pray for our troops.
Even CNNMoney Gets it Wrong [Mortgage Industry Blog]
Chris Isidore, CNNMoney.com senior writer is confused. In his overheated article The Trillion Dollar Mortgage Time Bomb he claims that Fannie Mae and Freddie Mac “back” loans when in fact they serve as clearinghouses. “Backing” implies some sort of insurance or guarantee, like FHA’s. Additionally, he claims that conforming loans are characterized by “large down payments.” In fact, here is the entire ill-considered sentence: “Fannie and Freddie primarily back so-called conforming loans, those made to borrowers with good credit and large down payments.” Then he continues with the florid and frightened prose: “Among the nightmares lurking around the corner for the already battered housing and credit markets would be a meltdown at mortgage financing giants Fannie Mae and Freddie Mac.” God, I’m shaking in my shoes…
When a “senior writer” for a financial news site can’t even get it right it’s no wonder the general public is so confused… This kind of ignorant hysteria is what makes people so afraid of buying homes or borrowing money these days. We can only hope that cooler heads will eventually prevail. CNN should pick up writers like Dan “The Mortgage Reports” Green or Liz Freeman “The Daily Pick” if they don’t have anyone more knowledgeable than this guy on their staff.
