It seems that Illinois Senator and Democratic Presidential candidate Barak Obama has a problem. Like many other Chicago area Democrats he is buddy-buddy with Antoin 'Tony' Rezko. Rezko's slumlord status may hinder Obama's rep as a Man of The People.
But there is more.
Here, is a detailed map of Rezko's properties. I find it VERY coincidental that Rezko has all these properties around the area of Washington Park! As any astute Chicago resident would know, Washington Park is planned to be one of the corner stones of Chicago's 2016 Olympic bid!
Oh what a tangled web we weave....
Subscribe to:
Post Comments (Atom)
2 comments:
FREDDIE MAC TO BUY $20 BILLION IN SUBPRIME HOME LOANS
http://www.bloomberg.com/apps/news?pid=20601103&refer=us&sid=aHBQ18suu7Es
Isn't this what we call having your cake and eating it too?! Geez, I wish that I as irresponsible and got an ARM. That way, Freddie Mac could buy my loan, prevent foreclosure,and give me a rate better than I deserve.
like i have said, the only way over extended buyers can be saved is through extended term products.
40 & 50 yr loans are not a good deal but they will keep you out of foreclosure. only an idiot would consider such a loan for an original purchase so prices will still be under pressure.
Post a Comment