Wednesday, February 25, 2015

OCHN: FHA wants to allow banks to make more bad loans

The FHA is lobbying the Justice Department on behalf of lenders who want to make bad loans with impunity.

At the most basic level, lenders, realtors, and borrowers inflated a housing bubble because they got everything they asked for. From 2004 to 2006, there were no barriers whatsoever to...
FHA wants to allow banks to make more bad loans





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