Housing Starts Soar

[EdwardBaiamonte]

Will someone please tell Dumbto3 that we can all cut and paste forever, that this is a space for debate, and that if he lacks the IQ to debate he should not be here.

take your cut and paste spam somewhere else!!

Add Gwhiz to that cut and paste list.

What's the matter did you get your feelings hurt?

Dumbto3 call you in for support?

if dumbto3 ever presents a good argument, even one, please bring it to my attention. Thanks

 

[Dad2three]

FHFA Report Shows GSE Loans Outperformed Private-Label MBS Loans NCSHA

dubto3, you've learned 10 times now that GSE's got the best loans because they had cheaper money thus forcing private companies to take the higher risk loans.

Want to go for 11 times?

You contuse to be ignorant. I'm shocked

“The idea that they were leading this charge is just absurd,” said Guy Cecala, publisher of Inside Mortgage Finance, an authoritative trade publication. “Fannie and Freddie have always had the tightest underwriting on earth…They were opposite of subprime.”

Wall Street Not Fannie and Freddie Led Mortgage Meltdown - The Daily Beast

 

[Dad2three]

How incorrect. There are many condo and housing developments that do not allow FHAs etc.

You're dumber than you look...

The only limit on FHA is the loan amount moron...

BZZ wrong as usual moron. Yes, FHA loans are NOT eligible in ALL Condo projects AND some single family developments!

In order for a given condo to be approved for an FHA home loan, it must be on the FHA's list of approved condominium projects.

...What criteria must a condominium project meet to be included on the "approved" list? FHA guidelines state, "to be eligible for FHA mortgage insurance, the project must have been declared and exists in full compliance with applicable State law requirements of the jurisdiction in which the condominium project is located and with all other applicable laws and regulations."

A condo project will not be designated "FHA approved" unless it has at least two units, and is covered by hazard, liability and other insurance where applicable.


..The FHA will not approve a condo project unless at least half the units have been sold prior to the FHA's endorsement of the first loan in that building.


Some properties are not eligible due to the nature of the project. For example, "condo hotels" are not allowed on FHA approved condo project list. Also forbidden--timeshares, houseboat projects or condos that feature more than one dwelling in a single condominium unit.

FHA Condo Loan Rules

You need to read the link above dumb dumb...

Why? It refutes NOTHING I posted!

 

[EdwardBaiamonte]

“Fannie and Freddie have always had the tightest underwriting on earth…They were opposite of subprime.”

ah, dumbto3 is back with a new cut and paste on the theory that if someone says it it must be true! He can't think on his own so pretends everybody cant provide a million cut and pastes of their own.!

 

[G.T.]

In before granny edwardess starts calling people "dear"

 

[Dad2three]

“Fannie and Freddie have always had the tightest underwriting on earth…They were opposite of subprime.”

ah, dumbto3 is back with a new cut and paste on the theory that if someone says it it must be true! He can't think on his own so pretends everybody cant provide a million cut and pastes of their own.!

Weird how ignorant you really are. Private markets were 'forced' to lend to the poor, according to you, lol

 

[EdwardBaiamonte]

In before granny edwardess starts calling people "dear"

substance free because as a liberal you lack the IQ for substance

 

[G.T.]

In before granny edwardess starts calling people "dear"

substance free because as a liberal you lack the IQ for substance

Are we in a neverending regress then? Because this was not substance, either that you just posted.

 

[EdwardBaiamonte]

. Private markets were 'forced' to lend to the poor, according to you, lol

dear if Fan/Fred took all the good loans who were they going to lend to? Also, if Fan Fred and Fed virtually guaranteed the loans there seemingly was no down side anyway!

Still over your head, liberal!

 

[EdwardBaiamonte]

In before granny edwardess starts calling people "dear"

substance free because as a liberal you lack the IQ for substance

Are we in a neverending regress then? Because this was not substance, either that you just posted.

substance free once again because as a liberal you lack the IQ for substance

 

[G.T.]

In before granny edwardess starts calling people "dear"

substance free because as a liberal you lack the IQ for substance

Are we in a neverending regress then? Because this was not substance, either that you just posted.

substance free once again because as a liberal you lack the IQ for substance

So it is an infinite regress, then?

It would mean the world to me if you called me Dear, just once.

Pweez?

pwetty pweez?

 

[Dad2three]

. Private markets were 'forced' to lend to the poor, according to you, lol

dear if Fan/Fred took all the good loans who were they going to lend to? Also, if Fan Fred and Fed virtually guaranteed the loans there seemingly was no down side anyway!

Still over your head, liberal!

Really? So private banks MUST loan money? THEN you make a stupid posit that F/F guaranteed the loans? lol. IF F/F guaranteed the loans, the banks would lose NOTHING right? Oops I guess the private markets underwriting MINIMUM standards didn't reach F/F MINIMUM standards thus NOT guaranteed by F/F right dummy?



IF only you could show ONE time conservative policy of ANY sort EVER worked you might have something. You don't!

 

[EdwardBaiamonte]

Really? So private banks MUST loan money?

dear, nobody said they must do anything, but rather that the Fan Fred Fed seeming guarantee greatly incentivized them to do it after Fan Fred took all the best loans.

 

[EdwardBaiamonte]

THEN you make a stupid posit that F/F guaranteed the loans? lol.

dear I said they seemingly guaranteed the loans

 

[EdwardBaiamonte]

IF only you could show ONE time conservative policy of ANY sort EVER worked you might have something. You don't!

dear, America is the result of a conservative policy to strictly limit liberal govt, if not make it illegal. Do you understand?

 

[Dad2three]

Really? So private banks MUST loan money?

dear, nobody said they must do anything, but rather that the Fan Fred Fed seeming guarantee greatly incentivized them to do it after Fan Fred took all the best loans.

So you STILL don't understand IF F/F HAD guaranteed the loans, the banks would NOT had lost money. Got it. The BanksterS gave ANYONE who was breathing a loan. Why? CONSERVATIVES CHEERED THEM ON....

You know 'private markets' don't need oversight, lol



FACTS on Dubya s great recession US Message Board - Political Discussion Forum

 

[Dad2three]

THEN you make a stupid posit that F/F guaranteed the loans? lol.

dear I said they seemingly guaranteed the loans

What does seemingly mean Bubba

 

[Dad2three]

IF only you could show ONE time conservative policy of ANY sort EVER worked you might have something. You don't!

dear, America is the result of a conservative policy to strictly limit liberal govt, if not make it illegal. Do you understand?

Oh your misguided opinions again. Got it. The most liberal activists of their times created the US, but they were conservative? lol

 

[EdwardBaiamonte]

IF only you could show ONE time conservative policy of ANY sort EVER worked you might have something. You don't!

dear, America is the result of a conservative policy to strictly limit liberal govt, if not make it illegal. Do you understand?

Oh your misguided opinions again. Got it. The most liberal activists of their times created the US, but they were conservative? lol

dear, if they were liberals then were liberals for very very tiny govt!!

 

[EdwardBaiamonte]

THEN you make a stupid posit that F/F guaranteed the loans? lol.

dear I said they seemingly guaranteed the loans

What does seemingly mean Bubba

it means it seemed that the Fan/Fred guarantee and the Greenspan Put would always save them!