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How the FHA averted a total meltdown of the housing market

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  • Jason | | 14 Oct 2012, 06:58 PM Agree 0
    Totally agree....without assistance FHA will price itself out of existence. In light of the uncertain futures of Fannie and Freddie...this would be devastating. Especially for the low to moderate income and first time buyer segment FHA was designed to serve.
  • leslie warthman | | 15 Oct 2012, 03:59 PM Agree 0
    nothing was salvaged...debt was incurred because those institutions that held insured mortgages did turn them in and the loss was not theirs. The foreclosed homeowners lost and the debt stands to be a double whammy to anyone of them if they were lucky to stay employed and are considered one of the taxpayers going to cough up to pay for this eventually?
  • Dominick | | 15 Oct 2012, 05:43 PM Agree 0
    ARE YOU KIDDING ME LOL LOL LOL...

    FHA?
    98%LTV?
    LOW CRDIT SCORE?
    DOWN PAYMENT ASSISTANCE OK?

    ARE YOU FRIGGIN KIDDING ME?
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