Comments on: Deleveraging a process, not an event http://blogs.reuters.com/great-debate/2010/09/21/deleveraging-a-process-not-an-event/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: Deja_vu http://blogs.reuters.com/great-debate/2010/09/21/deleveraging-a-process-not-an-event/#comment-32306 Tue, 21 Sep 2010 19:21:12 +0000 http://blogs.reuters.com/great-debate/?p=8196#comment-32306 Let the FED ease our pockets !!!

Let them create a program to assist families buying a new home.

Allow them to subsidize mortgage rates !

The financial system keep’s lending the money (and taking the risks) but the rate is paid for both the FED and the families…

You can try for start:
Families making less then 100k : 60% rate subsidize;
from 101k to 150k : 40% rate subsidize;
from 151k to 200k : 20% rate subsidize;
from 201k to 250k : 10% rate subsidize;

Remember : The risk still belongs to the lender, lenders still have to decide the approval or disapproval of the loan. They will, however, collect the portion subsidized directly from the government.

Every year the rate subsidy would fall 5% flat, so any family subsidized during the first year at 10% would have two more years of subsidized rates.

Just a crazy idea… back to work !

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By: Amaresh_Gangal http://blogs.reuters.com/great-debate/2010/09/21/deleveraging-a-process-not-an-event/#comment-32303 Tue, 21 Sep 2010 16:43:19 +0000 http://blogs.reuters.com/great-debate/?p=8196#comment-32303 ok … so 610 *.9992 = 609.512.. Who will pay for this in Whole system.. Will currency again suffer for this ..

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