Number of qualified house buyers is shrinking…

[patientrenter]

“who wants to be the smuck that put 20% down?”

As a taxpayer, I don’t want to be that smuck [sic]. So I’d actually like the minimum downpayment on govt-supported loans to be 30-40% until market prices come down closer to stable levels. If we did that, they’d come down in a hurry, and we could move back to 20% quickly, but at a whole new sustainable price level. Yeah, I know, I’ll just dream on. Barney Frank and Dodd and Schumer would never permit it.

Frank, Dodd and Schumer are the guardian angels of the easy housing money industry. As you know, the laws are made in Congress, and these guys made sure that vast amounts of poorly underwritten loans were made through the laws they supported and their power over regulators and companies like Fannie Mae and Freddie Mac. Others in power just went along, or were luke-warm, or are less powerful, but these guys fought like big feral cats for more liberal lending.

[HLS]

Pert..
See links below.. plenty of others avaialble.

These overpaid people have been influenced by lobbyists and been financially rewarded for their decisions.
There is plenty of information available on each of these people and their lack of ethics.
Oversight committees provide no oversight.
Ethics committees have no ethics.
We have some of the best people in govt that money can buy!

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

Barney Frank and Chuck Schumer’s Role in the Fannie Mae Failure

[HLS]

Pert..
See links below.. plenty of others avaialble.

These overpaid people have been influenced by lobbyists and been financially rewarded for their decisions.
There is plenty of information available on each of these people and their lack of ethics.
Oversight committees provide no oversight.
Ethics committees have no ethics.
We have some of the best people in govt that money can buy!

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

Barney Frank and Chuck Schumer’s Role in the Fannie Mae Failure

[HLS]

Pert..
See links below.. plenty of others avaialble.

These overpaid people have been influenced by lobbyists and been financially rewarded for their decisions.
There is plenty of information available on each of these people and their lack of ethics.
Oversight committees provide no oversight.
Ethics committees have no ethics.
We have some of the best people in govt that money can buy!

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

Barney Frank and Chuck Schumer’s Role in the Fannie Mae Failure

[HLS]

Pert..
See links below.. plenty of others avaialble.

These overpaid people have been influenced by lobbyists and been financially rewarded for their decisions.
There is plenty of information available on each of these people and their lack of ethics.
Oversight committees provide no oversight.
Ethics committees have no ethics.
We have some of the best people in govt that money can buy!

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

Barney Frank and Chuck Schumer’s Role in the Fannie Mae Failure

[HLS]

Pert..
See links below.. plenty of others avaialble.

These overpaid people have been influenced by lobbyists and been financially rewarded for their decisions.
There is plenty of information available on each of these people and their lack of ethics.
Oversight committees provide no oversight.
Ethics committees have no ethics.
We have some of the best people in govt that money can buy!

http://www.boston.com/bostonglobe/editorial_opinion/oped/articles/2008/09/28/franks_fingerprints_are_all_over_the_financial_fiasco/

http://www.opensecrets.org/news/2008/07/top-senate-recipients-of-fanni.html

Barney Frank and Chuck Schumer’s Role in the Fannie Mae Failure

[gn]

[quote=HLS]FHA has become the new subprime lender by allowing 3.50% down but charging a funding fee to do it.
[/quote]

This may explain why the low end segment has been selling well lately.

HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?

[gn]

[quote=HLS]FHA has become the new subprime lender by allowing 3.50% down but charging a funding fee to do it.
[/quote]

This may explain why the low end segment has been selling well lately.

HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?

[gn]

[quote=HLS]FHA has become the new subprime lender by allowing 3.50% down but charging a funding fee to do it.
[/quote]

This may explain why the low end segment has been selling well lately.

HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?

[gn]

[quote=HLS]FHA has become the new subprime lender by allowing 3.50% down but charging a funding fee to do it.
[/quote]

This may explain why the low end segment has been selling well lately.

HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?

[gn]

[quote=HLS]FHA has become the new subprime lender by allowing 3.50% down but charging a funding fee to do it.
[/quote]

This may explain why the low end segment has been selling well lately.

HLS, in your opinion, how much (percentage wise) of the buying activities at $300k or less can be attributed to FHA loans ?

[SD Realtor]

pr I believe the spelling is shmuck.

Say it like you mean it man!!

[SD Realtor]

pr I believe the spelling is shmuck.

Say it like you mean it man!!

[SD Realtor]

pr I believe the spelling is shmuck.

Say it like you mean it man!!

[SD Realtor]

pr I believe the spelling is shmuck.

Say it like you mean it man!!

[Author]

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