07-15-2009, 03:02 AM
Obie,
Here's what I'm getting from that~
(Senator Inouye's is going to make a formal request asking Fannie Mae WHY THEY ARE SINGLING OUT the Big Island when Maui has an active volcano as do Washington, Oregon and Alaska.)
I'm not alone in wondering what the true reason is.
And~
("Looks to me like they are just following the guidelines that were previously in place that they may have been ignoring.")
Why were they ignoring these policy rules prior and now out of the blue changing the position? Would it have anything to do with a previous "boom" in local economics that has since gone sour along with the rest of U.S. economy? The LZ issue is obviously a smoke screen for the fact that they would rather not finance to anyone who might possibly default on the loan and or fail to make the proper insurance payments. The LZ designation by design provides a superficial excuse to dance between the lines of the areas economic health.
Here's what I'm getting from that~
(Senator Inouye's is going to make a formal request asking Fannie Mae WHY THEY ARE SINGLING OUT the Big Island when Maui has an active volcano as do Washington, Oregon and Alaska.)
I'm not alone in wondering what the true reason is.
And~
("Looks to me like they are just following the guidelines that were previously in place that they may have been ignoring.")
Why were they ignoring these policy rules prior and now out of the blue changing the position? Would it have anything to do with a previous "boom" in local economics that has since gone sour along with the rest of U.S. economy? The LZ issue is obviously a smoke screen for the fact that they would rather not finance to anyone who might possibly default on the loan and or fail to make the proper insurance payments. The LZ designation by design provides a superficial excuse to dance between the lines of the areas economic health.