Are we to believe that the Democrat led super conforming limit is going to be allowed to fizzle? To hear him speak, Obama is continually pledging new stimulus package. Right now it appears as if he’ll win. It appears as if it will be a Dem congress and a dem White House. Would anyone be surprised if super conforming finds legs? We’re talking about loans with real vetting nowadays. The credit market’s chief problems include liquidity in markets, and credit worthiness. Well, these are worthy borrowers injecting 20% down.
What do you guys think?