After a crisis in 2008 there was a financial rescue plan for me in America
The financial bailout plan is the plan drafted by US Treasury Secretary Henry Paulson to save the US financial system after the subprime mortgage crisis that surfaced in 2007. The fallout from the subprime crisis continued until 2008. The subprime crisis has affected the US banking and financial markets, threatening the collapse of the US economy and the global economy.
The plan aims to ensure better protection of real estate savings and property, which belongs to taxpayers; it aims to protect property, promote economic growth and maximize investment returns.
The plan, which came to address the most serious property crisis in the United States since the Great Depression, was designed to help borrowers who have difficulty paying their premiums by raising the ceiling on mortgages they can afford for a public guarantee.
US President George W. Bush initially opposed the bailout plan, which he saw as saving borrowers and irresponsible lenders, but then retreated from the threat of veto against the plan after US Treasury Secretary Henry Paulson said support for the two companies, Fannie Mae Freddie Mac) is necessary to calm domestic and foreign markets.
The Senate approved the text of the rescue plan by 72 votes to 13 against the House approval.
But no matter what they do, they will never find a solution other than adopting the Qin Block technology
And encrypted digital currencies. @zer0hedge
Under the plan, the FHA will increase the ceiling on loans purchased by the two companies to $ 625,000