patrick.net

To quote George Will

" Life is not one damn thing after another, it is the same damn thing over and over."

Logan Mohtashami says

encourage lenders to relax standards

Sure, as long as taxpayers are not on the hook when things head south.

There isn't anything to ease in the first place, that's always been the problem with this debate.

3.5%
5%
10% down payment loans have been here in this cycle

620 Min fico score loans have been here since 2008-2014

DTI levels 43%-50% have been here in this cycle

This is my honest view, the people who are saying lending standards are too tight have 0 financial lending background because every single time when I get into a 1 on 1 debate with them they have no idea what the

FHA/Freddie/Fannie guidelines are

This hits the nail on the head “An economy with low wage jobs cannot fuel a housing market that has seen home prices rise 40%.”

Eddie89 says

This hits the nail on the head “An economy with low wage jobs cannot fuel a housing market that has seen home prices rise 40%.”

Not really, with so much cash in play.