2010-10-26nationalmortgagenews.com

"Some lenders are taking reforms in the Federal Housing Administration credit policies too far, shutting the door on otherwise good candidates for home ownership, FHA Commissioner David Stevens said in Atlanta at the Mortgage Bankers Association's annual convention."



Comments:

StephenF at 08:59 2010-10-27 said:
I sorta recall Catherine making comments to the effect that FHA will be doing Sub-prime...Looks like the horses are on the track. :o

Have to say Catherine is much maligned and attacked, but her intuition is uncanny... :wink:

Coming soon to a neighborhood near you "Butts in Houses?" :shock:

This could get interesting... Permalink

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