2011-01-07 — stockmarketsreview.com
"{It’s critical to understand that these mortgages are for property owners currently paying down a subprime or conventional mortgage loan. The property must have a current valuation that’s lower than the property owners current loan(s). Approved applicants must owe a minimum of 15% more on the residence than its current market value. You may wish to get out your loan calculator and see where you stand"
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catherine at 02:45 2011-01-08 said:
here we goooooooooooooooooo. SUBPRIME BY GOVERNMENT TAXPAYER OWNED COMPANIES, ANYONE??? 500 score 110% or more LTV (we got rid of those loans in the mid 90's, didn't we?????) World would be proud, proud, proud and whatdoyasay they allow illegal alien invaders?????? if they vote and have a driver's license shouldn't they be able to save their house tooo CATHY????? see how it works.............. ahem, wrote this years ago now, the problem is we have tens of millions of houses underwater and empty in the HUGE OVERSUPPLY and a POOL OF BUYERS that is dwindling and whose credit is falling and somehow the government has to get all those SUBPRIME warm bodies into or keep them in ALL THIS OVERSUPPLY OF HOUSING................ now that is what the capitalist pigs did after the gutting of the glass steagall, ISN'T IT???????????? they did mortgages as fast as they could TO PUT BODIES IN HOUSES THAT WERE BUILT.................... but the government said that was wrong, evil, greedy, AND EVEN CRIMINAL as did many on this site.................. but NOW THE MAIN GOVERNMENT mortgage program is saying hey, don't blame us we have tooooooooooooo much supply and unqualified buyers??? WE AREN'T EVIL, GREEDY, CRIMINAL, WRONG, we are the government, we are good, here to help you, fixing the damn problem, Cathy...... :lol: :lol: :lol: :lol: and those guys creating and making this mortgage mess bigger and USING YOUR TAX DOLLARS INSTEAD OF SOME RISKY CAPITALIST GUY'S make far more than most mortgage capitalist did in our time, have great benefits and will retire and a BIG FAT PENSION.............. because after making a rule like this, what capitalist out there STILL IN THE BUSINESS will they pay a lot of money to sign up people for this freebie, hmnnnn???? this is how they finally cut THE KNEES OUTTA THE REST OF THE BUSINESS.................. what 70% loan will compete with 110% bet the fees on the government are all FUNDING FEE TYPES, ahem that get added to the loan, hmnnnn125% LTV anyone and some on our side STILL THINK A FUNDING FEE IS A HARD DEAL, yeah sign here............... fannie opened an office in ft lauderdale two years ago, or at least bought all the property............think FHA will be far behind............then all the money IS THERES and they are broke, right???? time for the government to take the REST OF THE profit out of mortgage away from us just like in THE ONE'S speech last year in the healthcare........... """I want the government to have all the profit from those student loans......and poof in the healthcare bill HE GOT THEIR JOBS"""""............. this is JUST THE START................... Permalinkadd a comment | go to forum thread
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