[grundle]

Liberals love to force responsible people to bail out irresponsible people, and this is a great example.

[unixfox]

It’s time.

[Reddy]

This can’t be legal.

[PrincessB]

Please remember that the people that thought this up excuse looting because insurance pays for the damage and stolen goods.

[TomGuy]

Well, that should eventually crash the real estate market.

Brings to mind the 130% real estate loans that lead up to the last real estate market crash.

[cableguymn]

When was the last time liberals did anything positive for responsible people?

[Gen.Blather]

They are building condos near me. I was stunned to find out the price was 195k for a two story 1500 sq ft unit. first, having half the unit on the second floor accessed by a very steep staircase was ridiculous. Secondly, the area won’t support that price. Then, I found out why they were so highly priced. Some unknown quantity of the units are “affordable housing.” Meaning, they will sell at significantly lower prices. After nearly a year on sale not one unit had been sold. Then they put up a for lease sign. After six months not one unit was leased. Now, they are still building but the entire complex of 100 units will be sold, likely to the government or Blackrock and the entire thing will be Section 8. I’ll be investing in a security system.

[indthkr]

Socialism bump for later....

[Dan in Wichita]

Marxism 101. Transfer of wealth.

[monkeyshine]

Equity baby! They’re gonna take your equity and give it to someone else. Nothing really new about that come to think of it.

[truthkeeper]

Under the new mortgage financing rules, homebuyers with riskier credit ratings and lower down payments will qualify for better mortgage rates and discounted fees.

[Irenic]

How the hell can Biden, the pResident, do that? He’s not king, this isn’t a monarchy.

[ConservativeInPA]

It’s funding subprime mortgages before banks fail. Of course that doesn’t get us off the hook in bailing out banks when they do fail.

This is an example why government employees need at least 15 years of work experience in the private sector prior to government employment and limited to no more than 10 years of employment in government. When people don’t build something real then they have no idea how the world works. They just see government and taxpayers as an endless money tree.

[FlingWingFlyer]

Why doesn’t this bass turd take the money out of “reparations” checks. Africans already get everything free. They don’t need all that money. They will be paying taxes on that “reparations” money, won’t they? WON’T THEY?

[Smber]

How on earth can this asshole Xiden merely decree this? This like anything else in DC, should be ignored.

[sport]

Good for him.

[Gay State Conservative]

In the 1990s AG Reno announced that any mortgage lender that turned down an application from a "person of color" would have the full weight of the United States government drop upon it. They got the message and gave mortgages to anyone who had a pulse.

And that brought us to the "Great Recession".

Get ready for Round Two.

[wardamneagle]

Sorry Joey....I’m locked in at 2.6% !

[PTBAA]

From each, according to their ability, to each, according to their need.

[KC_Conspirator]

Wtf?

[linMcHlp]

bttt