09 May 2008

Mortgage Bankers Don't Like House Plan

Which makes me more inclined to support.

It appears that they object to the idea that they will have to take a haircut to get FHA insurance, specifically that the FHA will not insure a loan unless the principal is reduced to 85% of a home's worth.

Boo f&%4ing hoo.

Maybe they can sue Alan "Bubbles" Greenspan for the difference.

0 comments :

Post a Comment