Fannie Mae Rolls Out Easy Mortgage, Catering To High-Risk Immigrants
http://www.freerepublic.com/focus/f-news/3381566/posts
http://news.investors.com/ibd-editorials/010716-788747-government-wants-to-lend-more-to-high-risk-immigrants.htm?p=full
The Government Boldly Just Set Up Another Real Estate Meltdown
http://www.freerepublic.com/focus/f-news/3383172/posts
http://townhall.com/columnists/michaelhausam/2016/01/13/the-government-boldly-just-set-up-another-real-estate-meltdown-n2103915
What could go wrong?
From someone who taught RE LAW and ECON in college for 10 years -— THIS IS CRAZY. There is a reason the dictionary has the word tenant. Some people should be tenants. This will create another artificial spike in prices, massive defaults, and another crash.
Let me be the first....All Bushes fault.
Democrat fall back position...
Bush pushed for an inquiry of FNMA etc years before their collapse. But was ridiculed by the Media and stopped by the Democrats. Same thing with trying to save Social Security.
I hate too sound selfish, but I’m OK with another real estate bubble. A run up in home prices in the next couple of years would suit our retirement plans just fine. In fact, our home is our ONLY current investment that is not locked in safe and secure.