[quote=patientrenter] In the old days, any risk that you didn’t take on, and the bank took on instead, was between you and the bank. But now almost all the risk, after a downpayment has been exhausted, is take on by taxpayers, so it’s all of our business.[/quote]

When were the anti-deficiency statutes passed? Old days? By taxpayers you mean the TARP money that wasn’t paid back?

I don’t mind the debate. Just the kinda moral high ground attitude. I don’t want to talk about whether we should go to war or not or whether abortion should be legal. Just get some info on FHA loans. 😉 Shouldn’t you yell at FHA for allowing 3.5% down. I guess you probably do in other topics.

Also, I do see the point about market manipulation, but I’m gonna buy a house soon. So that is my reality. So are a lot of others. It does suck for you guys, but it’s what’s happening.