Quote:
Originally Posted by Guest
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:
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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?