1. Uncle Sam's mortgage.
- Author
-
Welch, Matt
- Subjects
- *
SUBPRIME mortgages , *MORTGAGES , *UNCLE Sam (Symbolic character) ,UNITED States economic policy ,UNITED States economy, 2001-2009 ,UNITED States politics & government, 2001-2009 - Abstract
The article presents a discussion about the credit worthiness of the U.S. run by the financial website creditloan.com in January. The question asked by the website was, what kind of deal could "Uncle Sam" would get, if he went for a mortgage. The site's estimators calculated the country's credit score as per the Fair Issac Corporation (FICO) model and considering the new credit inquiries, like recent spending sprees and bail-out packages, it declared that the U.S. as a mortgager fell in the sub-prime category.
- Published
- 2009