To each according to their needs.
Atlas’ back has developed a serious itch and twitch
The left is finally beginning to openly attack their base. Sadly, their base is so woke, they’ll take it without push back.
Dubya would approve.
That fool sponsored a bill that handed out free downpayments to the same Oppressed Victims.
hopefully those biden voters who are in the market for home mortgages will like it (financially) from behind, good and hard
Open Class warfare
So I put down 4%.
Get the loan.
Make an early payment of 16% (I was ready to put 20% down).
Would this work?
If they implement this communist BS we must all refuse to borrow a dime. I am pretty sure most of us geezers here are set, and out of the mortgage market. I would be tempted to apply and go through the process only to refuse the loan when it was determined this policy was in place.
You work hard, sacrifice, save, spend responsibly, pay your bills on time - only to pay extra to those who don’t.
Average credit score 20-39 is 660-672 according to this:
Newly printed dollars have to go somewhere. Buying votes is not cheap.
Thank you.
So many questions.....
Where exactly does Fedzilla draw its’ authority to interfere in the private mortgage industry (Constitutionally speaking)?
Specifically what legislation passed by Congress allows Biden to do this by fiat?
Shouldn’t Congress have a say in the matter? And if you think not, do you really believe in democracy (as defined by our Republic)?
Does not “Equity” in this issue already exist...people are held accountable for their behavior, meaning people with lower credit scores pay higher mortgage rates. People who behave fiscally responsibly pay lower mortgage rates. Why is Biden’s dictate even necessary?
Haven’t we already been here before, when lenders were forced to make loans to otherwise unworthy borrowers?