Real estate blog entries tagged with subprime mortgage mess by Carl Pruitt - http://FHALoanAdvice.com (FHA Loan Advice)

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Home : Blogs : Carl Pruitt - http://FHALoanAdvice.com : FHA Loan Advice : Tag "subprime mortgage mess"

subprime mortgage mess: FHA Mortgage Reform: Is It Just Another Government Bailout? - 11/22/07 08:16 AM

I would like to expand a little on why I am in favor of raising the FHA limits even though I am in general, a rabid libertarian. We all talk about FHA being the new "sub-prime" but it isn't really that at all. And using FHA isn't really a bail-out at all. FHA doesn't even have default levels as high as the FNMA expanded approvals.There are three basic reasons that FHA is the best solution in this area.
FHA requires common sense examination of the "whole picture" of the loan. It doesn't just say you can have x number of lates in … (3 comments)

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Carl Pruitt - http://FHALoanAdvice.com

Buford, GA

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