Please forgive the stupid question. Help me understand. Isn’t FHA going to be Federally insured? I.e., government insured, i.e. if someone defaults/forecloses on loan, the government bails them out, i.e. the taxpayers? Or as mentioned, will it be a HUD home. Cool. HUD homes in 4S Ranch. I like that.
Will it work? If they have to PROVE they can make the payments to qualify for the loan, then it’s a joke. These people can barely make payments now w/the lying loan.
Is there going to be help w/those who have a 10% decrease in property values. That seems to be a fair average of decrease right now. Or will they have to come up w/the difference. (good luck)
If the jumbo loan limits are increased, why is just for homeowners and not everyone. Indirectly, it will help those w/homes who are trying to sell. Make it easier for the new batch of suckers to buy, or at least those who qualify. Allows those who had no business buying in the first place to get out and those who can afford it to take over.
It would seem that this will delay the crash.
The bench on this train station is hard and it’s getting cold.
Service section is contracting, 41.9. That’s bad. That’s all there really was left.
