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10 percent no pmi.
Its just the start. Well see relaxed lending standards again. And people will bid up prices again. I can’t wait. Sell sell sell.
Piggyback loans are nothing new.
QM isn’t going anywhere, fortunately. Hard to lend on a primary to fucking scum whose DTI ratio is out of whack.
All this being said, if we have a GOP win this year, I hope that Mel “Skell” will be kicked out and replaced with a hard-nosed chief of FHFA. Putting a cold-hearted accountant like Ed DeMarco back in power would be ideal.
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