Mortgages--No more "Mr. Nice Guy"

 
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  #1  
Old 01-21-2017, 01:40 PM
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Default Mortgages--No more "Mr. Nice Guy"

."...And also, soon after he was sworn in, Mr. Trump signed an order to roll back a discount on the fees for a federal mortgage program that helps middle-class homebuyers. ..."
CBSNEWS

Now, see what the orange-faced pig did to help your kids get a mortgage?

What an AH!
  #2  
Old 01-21-2017, 03:24 PM
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Quote:
Originally Posted by Guest
."...And also, soon after he was sworn in, Mr. Trump signed an order to roll back a discount on the fees for a federal mortgage program that helps middle-class homebuyers. ..."
CBSNEWS

Now, see what the orange-faced pig did to help your kids get a mortgage?

What an AH!
That's a good thing. It was only a quarter of a percent and it was below rate. We do not need another mortgage crisis and another $1.7 billion bailout to pin on Trump. It was bad enough that the last one was pinned on Bush.
  #3  
Old 01-21-2017, 05:41 PM
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Default Bush deserves credit for the Mortgage Meltdown

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That's a good thing. It was only a quarter of a percent and it was below rate. We do not need another mortgage crisis and another $1.7 billion bailout to pin on Trump. It was bad enough that the last one was pinned on Bush.
Well, the SEC under Bush, allowed the Banks and other Wall Street investors to "invest" in high-risk mortgage securities.The answer to lower any further risk of that happening was the Dodd-Frank bill, which was watered down by the Republican congress, and is and has been on the Republican radar to eliminate. So, if that eliminates the solution to the problem, there is a good chance that another mortgage crisis could occur.......stand by for more action by the Republicans to screw things up again....last time the Republicans had majorities in both the House and the Senate and held the White House was just before the Great Depression.....
  #4  
Old 01-21-2017, 06:51 PM
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That would be "Mr. President" to you....And speaking of AHs, join the club!
  #5  
Old 01-21-2017, 07:24 PM
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Well, the SEC under Bush, allowed the Banks and other Wall Street investors to "invest" in high-risk mortgage securities.The answer to lower any further risk of that happening was the Dodd-Frank bill, which was watered down by the Republican congress, and is and has been on the Republican radar to eliminate. So, if that eliminates the solution to the problem, there is a good chance that another mortgage crisis could occur.......stand by for more action by the Republicans to screw things up again....last time the Republicans had majorities in both the House and the Senate and held the White House was just before the Great Depression.....
What depression was that? 1929?

If you are speaking of this RECESSION, then you are wrong. Republicans did not have control of congress for the two last years Bush was in office. The Democrats had the majority of both houses of congress for the last two years of Bush.

Bush did try to get Fanny/Freddy audited several times but it was denied by Barney Frank every time.
  #6  
Old 01-21-2017, 08:14 PM
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Quote:
Originally Posted by Guest
."...And also, soon after he was sworn in, Mr. Trump signed an order to roll back a discount on the fees for a federal mortgage program that helps middle-class homebuyers. ..."
CBSNEWS

Now, see what the orange-faced pig did to help your kids get a mortgage?

What an AH!
Tax payers should not be in mortgage business.
  #7  
Old 01-21-2017, 09:34 PM
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Making it easier to get a mortgage is what caused the prior problem in real estate. Lowering the reserve's for bad mortgages does not do the tax payers any favors.
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Old 01-22-2017, 05:27 AM
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Trump is already proving that he is being advised by EXPERTS. Hopefully others will get on board and stop resisting his attempt to steer America back on the path of being the Greatest country in the World. No more apologies.
  #9  
Old 01-22-2017, 06:14 AM
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Tax payers should not be in mortgage business.
Nor the "Empire" business...

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Originally Posted by Guest
Making it easier to get a mortgage is what caused the prior problem in real estate. Lowering the reserve's for bad mortgages does not do the tax payers any favors.
They HAD to make it EASY to get a mortgage so the women and minorities could "qualify". Once again, diversity destroyed.

Quote:
Originally Posted by Guest
Trump is already proving that he is being advised by EXPERTS. Hopefully others will get on board and stop resisting his attempt to steer America back on the path of being the Greatest country in the World. No more apologies.
No more affirmative action...no more quotas...no more lowered standards!

If you want to steer America towards greatness...it MUST be steered by white men again.
  #10  
Old 01-22-2017, 06:24 AM
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Quote:
Originally Posted by Guest
Well, the SEC under Bush, allowed the Banks and other Wall Street investors to "invest" in high-risk mortgage securities.The answer to lower any further risk of that happening was the Dodd-Frank bill, which was watered down by the Republican congress, and is and has been on the Republican radar to eliminate. So, if that eliminates the solution to the problem, there is a good chance that another mortgage crisis could occur.......stand by for more action by the Republicans to screw things up again....last time the Republicans had majorities in both the House and the Senate and held the White House was just before the Great Depression.....
Dear guest:

I do not want to belabor this topic but you might want to look at what Freddie, Ginnie FHA, etc have been doing under Obama. simply put the same lousy underwriting practices that created the last mortgage crisis and our economic meltdown

Personal Best Regards:
  #11  
Old 01-22-2017, 06:38 AM
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Dear guest:

I do not want to belabor this topic but you might want to look at what Freddie, Ginnie FHA, etc have been doing under Obama. simply put the same lousy underwriting practices that created the last mortgage crisis and our economic meltdown

Personal Best Regards:
Because otherwise...women and minorities wouldn't GET a mortgage. They NEED quotas because they CAN'T qualify under even the reduced standards.

The previous meltdown never ended, it was covered up by borrowing over a $ trillion every year.

Diversity continues to destroy the country...the culture...western civilization.
  #12  
Old 01-22-2017, 08:22 AM
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I don't care if U don't like him, you're entitled.

But respect the office, calling your president a pig is sooooo unAmarican U should get out of the country
  #13  
Old 01-22-2017, 08:51 AM
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I don't care if U don't like him, you're entitled.

But respect the office, calling your president a pig is sooooo unAmarican U should get out of the country
The "liar and stealer" in chief? What IS to respect with the office? They've ALL lied to us, they've ALL stolen from us. Maybe I could respect the office if there wasn't a D or R there.
  #14  
Old 01-22-2017, 09:35 AM
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The "liar and stealer" in chief? What IS to respect with the office? They've ALL lied to us, they've ALL stolen from us. Maybe I could respect the office if there wasn't a D or R there.

There isn't an R or D in the office. Trump is neither. So, you can feel fine in allowing him a bit of respect without compromising your Independent status.
  #15  
Old 01-22-2017, 09:53 AM
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There isn't an R or D in the office. Trump is neither. So, you can feel fine in allowing him a bit of respect without compromising your Independent status.
Oh...to be naive...blissful ignorance.

The R party PUT him there...he's one of them. This whole "rogue" thing is "reality TV" and Trump played his role flawlessly.

Plausible deniability IF Trump actually DOES try to do something about immigration or welfare or Muslims. They can all throw Trump under the bus and say it's HIM...it was HIS idea...not ours. He'll be the fall guy.

Just my thoughts...
 

Tags
mortgage, middle-class, homebuyers, program, federal


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