2010-07-20 — doctorhousingbubble.com
``Now some of you might be thinking why we are asking these basic questions three years deep into the housing implosion. The first question focuses on the credit score of borrowers. Can you believe that a 580 credit score will enter you into the “flagship” 3.5 percent down payment FHA insured loan program? No wonder why defaults are off the charts.''
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