Home › Forums › Financial Markets/Economics › Here we go again…..
Folks that bought homes, at record low prices, enjoy the ride up…….
Regulator opens door wider for Americans on mortgages
http://finance.yahoo.com/news/regulator-opens-door-wider-americans-134157361.html
Here we go again…
I guess my purchase of FNMA worked out well 🙂
I have not seen the crazy “no nothing” NINA loans yet.
without those you really are not going to get the hyper bubble IMO.
[quote=The-Shoveler]I have not seen the crazy “no nothing” NINA loans yet.
without those you really are not going to get the hyper bubble IMO.[/quote]
You just wait…
At this rate, it will take years. 34/36 payments on time is still a very high “burden of proof” for not risking being forced to buy back a bad loan.
Same as testing loan mod programs in the ‘troit. Test. Study. Test a bit more somewhere else. Study. Roll out fully in a year or three.
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