This morning I happened across an MSN news article written by Michael Brush, entitled “Who’s to blame for the mortgage mess?” The full text of the article can be found here. First, I must say that it’s about time some of the news folks started getting on the blame bandwagon. I’ve been waiting for this [...]
Archive | November, 2007
Expanding Homeownership Act of 2007 passes house
H.R. 1852 allows for expanding the FHA mortgage initiative to include a number of key features that will ultimately make the world a better place. Some of my favorites are offering a 40-year program to lower payments for cashflow-strapped borrowers, and also improving down payment offerings to include a 0% down option. While 0% down [...]
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