Thursday, March 5, 2009

Relieve Me From Mortgage Relief, pt 2

As a follow up to my previous post RE: the Big Mortgage Plan (BMP), Captain Ed notes that the BMP will extend its "help" to second mortgages, known popularly as Home Equity Loans or "$50K to pay for The Little Princess' Wedding." Sounds "fair" and "helpful."

In a completely unrelated turn events, the Dow has fallen another 3.2% as of 11:30 EST.

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