That was the case for Bernadine Shimon. Like many Americans, Ms. Shimon has recently been through some rough times. She lost a house to foreclosure, declared bankruptcy, got divorced and is now a single mother, teaching high school English in a Denver suburb.
She wanted a house but no lender would touch her. The Federal Housing Administration was more obliging. With the F.H.A. insuring her mortgage, Ms. Shimon was able to buy a $134,000 fixer-upper in August.
Absolutely ludicrous, given her circumstances should she be thinking about buying a house? Are these people on drugs? but… this loser in life ” *WANTED* a house”, geez… arrogance, greed, sense of entitlement, makes me MAD!
