Talk of The Villages Florida - View Single Post - Mortgages--No more "Mr. Nice Guy"
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Old 01-22-2017, 10:36 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:
This practice is another "everyone gets a participation trophy" philosophy. Why would anyone think that granting mortgages to those who have no means of sustaining it is a good thing?