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Equitable home loans start today

Posted on 5/1/23 at 8:38 am
Posted by bamabonners
North Alabama
Member since Nov 2015
2102 posts
Posted on 5/1/23 at 8:38 am
Hope y'all with good credit got your loans signed last week.

This has to be reversed by the next competent administration.
Posted by Mid Iowa Tiger
Undisclosed Secure Location
Member since Feb 2008
18848 posts
Posted on 5/1/23 at 8:39 am to
Yeah because so many government programs get reversed. There is nothing as permanent as a temporary government program.
Posted by Fun Bunch
New Orleans
Member since May 2008
116972 posts
Posted on 5/1/23 at 8:51 am to
We will have yet another massive mortgage crisis in 5-8 years, and the Dems will stare around blankly and say "Not us!"
Posted by WillyLoman
On Island Time
Member since Dec 2007
1719 posts
Posted on 5/1/23 at 8:53 am to
quote:

Hope y'all with good credit got your loans signed last week.



This is a good thought but this new pricing was implemented by lenders a couple of months ago. Today is the day the GSEs require loans sold to them to have the new hits factored in. So any loan originated in the last two months most likely had this priced in.
Posted by Y.A. Tittle
Member since Sep 2003
102015 posts
Posted on 5/1/23 at 8:53 am to
What's the easiest quickest way to frick up one's credit? I'd like to try to get in on one of these as soon as possible and trying to figure out what's the best way to get there.
Posted by bizeagle
Member since May 2020
1177 posts
Posted on 5/1/23 at 8:55 am to
Hard to believe this is not challenged in court. Can't see how this tax was voted on by congress. This is a tax by dictators
Posted by winkchance
St. George, LA
Member since Jul 2016
4166 posts
Posted on 5/1/23 at 8:57 am to
1994 and 2008 all over again. The same thing was done under Clinton and resulted in the crash under Bush.
Posted by roll to victory
Hoover, AL
Member since Aug 2018
903 posts
Posted on 5/1/23 at 9:05 am to
Socialism at work.
Posted by npt817
Prairieville, LA
Member since Sep 2010
1390 posts
Posted on 5/1/23 at 9:37 am to
This pricing adjustment has been in effect for the last 2 months. It’s for any loan that is delivered to Fannie/Freddie on or after May 1st which is any loan that closed in April.
Posted by Stumpknocker
SWLA
Member since Mar 2021
489 posts
Posted on 5/1/23 at 9:37 am to
Gimme 2 of them loans and 5 dollars on pump 6!
Posted by FooManChoo
Member since Dec 2012
41870 posts
Posted on 5/1/23 at 10:59 am to
For an ideological group claiming to be all-in on solving injustice, their solutions include a suspicious amount of injustice.
Posted by umrebel2009
Member since Feb 2010
7306 posts
Posted on 5/1/23 at 10:59 am to
If you have a good credit score can you get someone with bad credit to co-sign to get a lower interest rate?
Posted by hawkeye007
Member since Feb 2010
5915 posts
Posted on 5/1/23 at 10:59 am to
(no message)
This post was edited on 5/1/23 at 11:13 am
Posted by LSU4Life2021
Member since Dec 2021
222 posts
Posted on 5/1/23 at 12:44 pm to
Some "mistakes" you never quit paying for
Posted by slusaint13
Member since Aug 2013
106 posts
Posted on 5/1/23 at 1:12 pm to
Not sure how true this is, but I talked with a lender last week and he said there would be no change to people with a 780 credit score or above.
Posted by FATBOY TIGER
Valhalla
Member since Jan 2016
9187 posts
Posted on 5/1/23 at 1:15 pm to
Bawnie Fwank says hellwo.
Posted by Auburn1968
NYC
Member since Mar 2019
20060 posts
Posted on 5/1/23 at 2:02 pm to
I you gave the bottom of the credit worthy barrel homes for free, many would trash the place.
Posted by BigTigerJoe
Member since Aug 2022
6001 posts
Posted on 5/1/23 at 3:29 pm to
Posted by Townedrunkard
Member since Jan 2019
9167 posts
Posted on 5/1/23 at 4:29 pm to
Only in America with idiot Dems running shite can you get penalized for being responsible and doing the right thing, and get rewarded for being an irresponsible frick up.

Same thing with not getting married and having as many kids out of wedlock as humanly possible.

Democrats are just pure evil.
This post was edited on 5/1/23 at 4:29 pm
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