October 13, 2009

FHA Loans - “Be Glad To Help You Screw Yourself” Mortgages

Having just learned that the FHA is back to providing basically zero down mortgages again, I am flabbergasted.  As Business Week reported: FHA Loans: Return to 0% Down

Henry Blodget put it best by coining a new term:  “Be Glad To Help You Screw Yourself” Mortgages.  To think that this is all done under the watchful eye of our government...

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