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Biden to reward Thrifty Good Credit Homeloan Owners with special Tax to defray High Risk Loanowners
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2023 Apr 19, 6:26pm 575 views 8 comments
Comments 1 - 8 of 8 Search these comments
1
AD
2023 Apr 19, 6:38pm
AD
2023 Apr 19, 6:38pm
Yep, another neo-Marxist and Democrat "transfer payment" scheme just like the Affordable Care Act
And also like paying 45 cents universal fee for cell phone service every month which goes to the Affordable Connectivity Program (i.e., Obama phones).
California is going to do the same as far as electric utility rates, whereas the bill for each household will be based on household income.
And also like paying 45 cents universal fee for cell phone service every month which goes to the Affordable Connectivity Program (i.e., Obama phones).
California is going to do the same as far as electric utility rates, whereas the bill for each household will be based on household income.
2
ForcedTQ
2023 Apr 19, 8:03pm
FJB. FHFA Fannie Freddie FHA should all be shut down. None of them are constitutional agencies.
5
HeadSet
2023 May 5, 7:47pm
HeadSet
2023 May 5, 7:47pm
clambo says
While taking a cut for their trouble.
Democrats always want to reward failure and tax success to pay for it.
While taking a cut for their trouble.
6
Ceffer
2023 May 5, 7:49pm
Ceffer
2023 May 5, 7:49pm
HeadSet says
"We just raised the vig to 20 percent from 10 percent for the 'Big Guy', cough up!" Gangster economics in the foreign occupied foreign city state of Washington DC.
While taking a cut for their trouble.
"We just raised the vig to 20 percent from 10 percent for the 'Big Guy', cough up!" Gangster economics in the foreign occupied foreign city state of Washington DC.
8
Tenpoundbass
2023 May 6, 8:54am
Tenpoundbass
2023 May 6, 8:54am
Just so y'all know, I got mine so fuck them!
That's what people get for thinking taking for ever to pay off your mortgage is a dumb idea.
The biggest impetus for me paying off my loan, was not what I'm paying now. But with the way Liberals, and greedy bastards have been unchecked over the last 2 decades, and Elizebeth Warrens bait and switch personal finances legislation, there was no way I could be sure that my $1400 month Mortgage wasn't going to be $7,000 a month by time I was 70 years old paying my last few years of the schedule payments, because of new bank regulation, taxes, and out of control runaway insurance.
And I'll tell you all this, it will get worse. Eventually everyone in America will be paying South Florida style home owners insurance rates to defray the losses of the Hurricane, Earthquake and Tornado losses. Even if you live in a place that hasn't had a natural disaster in 10,000 years.
That's what people get for thinking taking for ever to pay off your mortgage is a dumb idea.
The biggest impetus for me paying off my loan, was not what I'm paying now. But with the way Liberals, and greedy bastards have been unchecked over the last 2 decades, and Elizebeth Warrens bait and switch personal finances legislation, there was no way I could be sure that my $1400 month Mortgage wasn't going to be $7,000 a month by time I was 70 years old paying my last few years of the schedule payments, because of new bank regulation, taxes, and out of control runaway insurance.
And I'll tell you all this, it will get worse. Eventually everyone in America will be paying South Florida style home owners insurance rates to defray the losses of the Hurricane, Earthquake and Tornado losses. Even if you live in a place that hasn't had a natural disaster in 10,000 years.
Experts believe that borrowers with a credit score of about 680 would pay around $40 more per month on a $400,000 mortgage under rules from the Federal Housing Finance Agency that go into effect May 1, costs that will help subsidize people with lower credit ratings also looking for a mortgage, according to a Washington Times report Tuesday.
"The changes do not make sense. Penalizing borrowers with larger down payments and credit scores will not go over well," Ian Wright, a senior loan officer at Bay Equity Home Loans, told the Times. "It overcomplicates things for consumers during a process that can already feel overwhelming with the amount of paperwork, jargon, etc. Confusing the borrower is never a good thing."
https://www.foxnews.com/us/biden-rule-redistribute-high-risk-loan-costs-homeowners-good-credit