US Housing Policies No Longer Reflect Reality

Posted on Mar 15, 2015 in Stated Income Loans

Reducing FHA Mortgage Insurance Premiums Actually Worked
Last month, buy information pills price the POTUS announced that HUD was reducing FHA monthly mortgage insurance premiums in an effort to make home financing more affordable for more consumers. In previous posts I have posited that this action was necessary to stimulate FHA …
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Home Loan earnings announced
COSHOCTON – Home Loan Financial Corporation, sale the parent company of The Home Loan Savings Bank, visit web announced net income of $ 663, treatment 000, or $ 0.47 basic and diluted earnings per share, for the quarter ended Dec. 31, 2014. That's compared to net income …
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Downtowner to get a new life
The state Department of Housing and Community Development selected the project as one of seven applications for federal low-income housing funds, Danco Group Vice President Chris Dart said. The city applied for and received the $ 3.8 million grant …
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Subprime car loans may not be as risky as home loans but abuses need tackling
The key is to ensure that those loans are good loans, and not the kind doomed to fail because a car dealer was so eager to make the sale and so confident of reselling the loan to equally eager investors (desperately hungry for income-bearing securities …
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US Housing Policies No Longer Reflect Reality
The housing industry (builders, thumb real estate agents and lenders) continues to encourage young adults to buy homes, viagra 60mg and aggressively lobbies against any legislative attempts to decrease home buying subsidies – especially the politically popular mortgage …
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Repeat foreclosures result from failed lender can-kicking
Since I firmly believed the problem was one of permanent Ponzi dependency rather than a temporary decline in income due to a recession, I stated on many occasions that all loan modification programs would fail. Conventional wisdom was that these …
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