Is the FHA going to get to see the “applicant’s income” section of original loan paperwork? Are they going to try and help re-finance non owner occupied speculation homes?
By the way, if you are one of the guys who helped perpetuate this bubble by enabling borrowers to speculate by using NINA and NINJA loans…may you forever be unemployed and destitute when this whole thing shakes out–“I’ll take that with fries please”. Otherwise, have a nice day.
