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.
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.
Labels:
bubble
,
Finance
,
Housing Crash
,
Real Estate
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