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FN and FR to cut government backed loan size.


               
2013 Sep 9, 4:14am   840 views  4 comments

by FortWayne   follow (1)  

Just FYI folks. It's in the news today, google it if you need, by the end of the year conforming loans will have to be smaller to qualify for government backing. Probably will be a gradual process to wean folks off government backed loans. Don't know how it'll affect the markets, your guess is as good as mine.

Comments 1 - 4 of 4        Search these comments

1   Dan8267   2013 Sep 9, 7:40am  

APOCALYPSEFUCK is Comptroller says

It's CASH or FUCK YOU!

I thought it was "It's CASH AND FUCK YOU!".

2   FortWayne   2013 Sep 9, 9:54am  

Dan8267 says

APOCALYPSEFUCK is Comptroller says

It's CASH or FUCK YOU!

I thought it was "It's CASH AND FUCK YOU!".

For most Americans it's just the latter portion of that statement anyway.

3   HEY YOU   2013 Sep 9, 9:58am  

I needed a good laugh. Thanks for 3 funny comments.

4   varmint   2013 Sep 9, 10:29am  

jumbo rates are less than conforming rates right now. I don't see an impact.

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