looks like the stage is set

[Raybyrnes]

kev374

I’m missing somthing. The way I understand the program, the limits should have adjusted downward to reflect the declining costs. By leaving the limits unchanged they are actually helping more borrowers who are potentially on the edge. Additonally this expands the pool of potential buyers. I would think that this slows the housing correction rather than accelerating it.

[mgubnyc1]

Its going to take much more then this to slow this housing correction, were just picking up momentum, 2007 has has already hit 10% declines in many parts of CA,AZ,NV,IL and FL
IMO you will see another 10% drop in these states in the 1st half of 2008.
Then maybe start to slow.

[mgubnyc1]

Its going to take much more then this to slow this housing correction, were just picking up momentum, 2007 has has already hit 10% declines in many parts of CA,AZ,NV,IL and FL
IMO you will see another 10% drop in these states in the 1st half of 2008.
Then maybe start to slow.

[mgubnyc1]

Its going to take much more then this to slow this housing correction, were just picking up momentum, 2007 has has already hit 10% declines in many parts of CA,AZ,NV,IL and FL
IMO you will see another 10% drop in these states in the 1st half of 2008.
Then maybe start to slow.

[mgubnyc1]

Its going to take much more then this to slow this housing correction, were just picking up momentum, 2007 has has already hit 10% declines in many parts of CA,AZ,NV,IL and FL
IMO you will see another 10% drop in these states in the 1st half of 2008.
Then maybe start to slow.

[mgubnyc1]

Its going to take much more then this to slow this housing correction, were just picking up momentum, 2007 has has already hit 10% declines in many parts of CA,AZ,NV,IL and FL
IMO you will see another 10% drop in these states in the 1st half of 2008.
Then maybe start to slow.

[Tone]

Can Congress, in their zeal to prop up housing, over-ride the federal regulator and force the FHA to increase the limit?

[Tone]

Can Congress, in their zeal to prop up housing, over-ride the federal regulator and force the FHA to increase the limit?

[Tone]

Can Congress, in their zeal to prop up housing, over-ride the federal regulator and force the FHA to increase the limit?

[Tone]

Can Congress, in their zeal to prop up housing, over-ride the federal regulator and force the FHA to increase the limit?

[Tone]

Can Congress, in their zeal to prop up housing, over-ride the federal regulator and force the FHA to increase the limit?

[mgubnyc1]

That won’t matter, bottom line is unless you have the ability to repay you won’t get a loan.

[mgubnyc1]

That won’t matter, bottom line is unless you have the ability to repay you won’t get a loan.

[mgubnyc1]

That won’t matter, bottom line is unless you have the ability to repay you won’t get a loan.

[mgubnyc1]

That won’t matter, bottom line is unless you have the ability to repay you won’t get a loan.

[Author]

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