Now is a good time to buy buy buy! The court will decide the fate
of FMCC and FNMA.
Cons of replacing FMCC and FNMA
-high interest rate for first time buyers
-does not solve the problem of future housing collapse
-deficit will grow because these two entities are making money for the government
-does not have the support of top democratic and republican leaders.
The big guns are making money several runs. Took it up to $6, cash in and then started buying back last week, ran it to above 4 and unload again. They will take it up a few more times until the debate starts in the House.