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President Joseph R. Biden, Jr.

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"We will not be taxing those earning under $400K a year".......

For the "smart" people I pose a question.

How is this not considered shifting the high risk burden from the evil banking system to the private citizen?

Experts believe that borrowers with a credit score of about 680 would pay around $40 more per month on a $400,000 mortgage under rules from the Federal Housing Finance Agency that go into effect May 1, costs that will help subsidize people with lower credit ratings also looking for a mortgage, according to a Washington Times report Tuesday.

"The changes do not make sense. Penalizing borrowers with larger down payments and credit scores will not go over well," Ian Wright, a senior loan officer at Bay Equity Home Loans, told the Times. "It overcomplicates things for consumers during a process that can already feel overwhelming with the amount of paperwork, jargon, etc. Confusing the borrower is never a good thing."

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  • VanHammersly
    VanHammersly

  • While I disagree with Biden trying to save these idiots from themselves, it just proves what a wonderful human being he is. IMO we should encourage Trumpbots to all give each other Covid so they die o

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On 4/17/2023 at 3:01 PM, BBE said:

Did you list said "exceptions"?  Or did said "exceptions" clearly state it as a requirement?

The exceptions were in the article I posted, there was no need me to list them. Yes, after 24 hours, a warrant is required to keep an undercover operation going. However, a warrant is not needed to start one. 

9 hours ago, lynched1 said:

"We will not be taxing those earning under $400K a year".......

For the "smart" people I pose a question.

How is this not considered shifting the high risk burden from the evil banking system to the private citizen?

Experts believe that borrowers with a credit score of about 680 would pay around $40 more per month on a $400,000 mortgage under rules from the Federal Housing Finance Agency that go into effect May 1, costs that will help subsidize people with lower credit ratings also looking for a mortgage, according to a Washington Times report Tuesday.

"The changes do not make sense. Penalizing borrowers with larger down payments and credit scores will not go over well," Ian Wright, a senior loan officer at Bay Equity Home Loans, told the Times. "It overcomplicates things for consumers during a process that can already feel overwhelming with the amount of paperwork, jargon, etc. Confusing the borrower is never a good thing."

Smart people don't believe anything Fox "News" says. 

15 hours ago, Gannan said:

Smart people don't believe anything Fox "News" says. 

What's your excuse?

They're quite simply the dumbest humans on earth.

2 hours ago, Kz! said:

They're quite simply the dumbest humans on earth.

Surprise surprise. Another form of wealth redistribution under the guise of "equity” from the Biden regime. I’m sensing a trend here…

9 minutes ago, Blazehound said:

Surprise surprise. Another form of wealth redistribution under the guise of "equity” from the Biden regime. I’m sensing a trend here…

Jesus. Imagine how stupid you have to be to support these policies.

10 minutes ago, Blazehound said:

Surprise surprise. Another form of wealth redistribution under the guise of "equity” from the Biden regime. I’m sensing a trend here…

I'm just glad 2024 will be a binary choice, with Biden wanting to redistribute wealth and Trump being staunchly against it, with bold ideas like wanting to build 10 brand-new cities with US tax dollars.

25 minutes ago, VanHammersly said:

I'm just glad 2024 will be a binary choice, with Biden wanting to redistribute wealth and Trump being staunchly against it, with bold ideas like wanting to build 10 brand-new cities with US tax dollars.

Hmm, actual socialist policies being implemented right now as we speak or speculative ideas without any concrete plans for funding. This is a tricky one. They're both so similar. :unsure: 

Im in 100% favor for Biden running again and the earlier he announces the better.  They can immediately begin their time-honored campaign strategy of hiding Biden in a closet and letting the MSM campaign for him.

2 minutes ago, Mike31mt said:

Im in 100% favor for Biden running again and the earlier he announces the better.  They can immediately begin their time-honored campaign strategy of hiding Biden in a closet and letting the MSM campaign for him.

Oh so you're 100% in favor of losing again? Shocking revelation.

1 hour ago, Blazehound said:

Surprise surprise. Another form of wealth redistribution under the guise of "equity” from the Biden regime. I’m sensing a trend here…

This was shared elsewhere..

I'd really like to see a source for this other than the Washington Times and a vague reference to "experts" who believe something. 

I don't doubt that Dems could further screw up housing financing, but I'd also like to see some reference to the actual rule change. 

The only rule change I see on FHFA's website is this one: DTS Conlonias Final Rule

The effective date for that though is July 1, not May 1 as stated by the Washington Times. 

I don't see any other final rule changes, or even proposed rules open for public comment that seem to imply the above: https://www.fhfa.gov/SupervisionRegulation/RegulationFederalRegister/Pages/Rules-Notices.aspx

56 minutes ago, Kz! said:

Hmm, actual socialist policies being implemented right now as we speak or speculative ideas without any concrete plans for funding. This is a tricky one. They're both so similar. :unsure: 

:roll:  Right, because Trump's never implemented socialist policies.

I'm sure Mexico will pay for his pre-planned Communist cities.

4 minutes ago, VanHammersly said:

:roll:  Right, because Trump's never implemented socialist policies.

I'm sure Mexico will pay for his pre-planned Communist cities.

"Actually Trump didn't dissolve the federal government, so he's a socialist like Biden!"

"I am very smart." :lol: 

1 minute ago, Kz! said:

"Actually Trump didn't dissolve the federal government, so he's a socialist like Biden!"

"I am very smart." :lol: 

:roll:  He F'ing signed checks to every single American.  It was the most direct socialism we've ever had and he wanted to make sure everyone knew it was him.

I know Trump supporters are stupid across the board but you're taking it to a new level here, Kz. :lol:

15 minutes ago, VanHammersly said:

:roll:  He F'ing signed checks to every single American.  It was the most direct socialism we've ever had and he wanted to make sure everyone knew it was him.

I know Trump supporters are stupid across the board but you're taking it to a new level here, Kz. :lol:

And every single democrat politician wanted more, you Fing ****. :lol: :roll: 

"Trump is as bad as other politicians" is a weird defense. 

4 minutes ago, Kz! said:

And every single democrat politician wanted more, you Fing ****. :lol: :roll: 

 :roll::roll::roll: Trump saved America from socialism by signing off on $3T worth of socialism.

Remember the episode of Voyager when Chakotay was looking for the sky spirits and he showed his butt crack then met Mr. Lippman from Pendant Publishing?

That was awesome.

2 minutes ago, JohnSnowsHair said:

"Trump is as bad as other politicians" is a weird defense. 

Especially when his original point was that redistribution of wealth is bad. :lol:

8 minutes ago, VanHammersly said:

 :roll::roll::roll: Trump saved America from socialism by signing off on $3T worth of socialism.

... and democrats universally wanted more. Fing ****. :lol: 

1 minute ago, Kz! said:

... and democrats universally wanted more. Fing ****. :lol: 

:roll:  Wait, so you idiots are back to pretending that Trump's not a socialist?  I guess you've accepted that his nomination is inevitable.

Just now, VanHammersly said:

:roll:  Wait, so you idiots are back to pretending that Trump's not a socialist?  I guess you've accepted that his nomination is inevitable.

This is such a retarded sequence of posts. :lol: 

I never said Trump was or wasn't a socialist, I just correctly pointed out that democrats are worse in every way conceivable. You said that Trump was a socialist because of Covid spending. I said OK, democrats universally supported his spending, and criticized him because he didn't spend more. 

Somehow your response to that was "you idiots are back to pretending Trump's not a socialist?" :lol: 

It really is like having a conversation with a retarded child. 

 

 

Trump is a guy with authoritarian tendencies who doesn't know how to think long term about anything.

That can make him a passable CEO depending on other factors, but it makes him a piss-poor president. 

A president isn't a CEO. A president needs to know how to work effectively within a system, which means he needs to have the ability to work well with others and court coalitions to bring them into enough harmony to pass legislation and maintain their mandate as executive.

This isn't Trump. Trump is reactive and is ideologically ambiguous. He'll gladly sacrifice a core conservative principle within the vacuum of some poorly thought out decision, then tout that same principle to useful idiots followers at a rally minutes later.

He's without scruples. 

It's the sort of mentality that makes the guy a joke, but an at times effective head of business.

Just, again, a f***ing awful president.

1 minute ago, Kz! said:

This is such a retarded sequence of posts. :lol: 

I never said Trump was or wasn't a socialist, I just correctly pointed out that democrats are worse in every way conceivable. You said that Trump was a socialist because of Covid spending. I said OK, democrats universally supported his spending, and criticized him because he didn't spend more. 

Somehow your response to that was "you idiots are back to pretending Trump's not a socialist?" :lol: 

It really is like having a conversation with a retarded child. 

 

 

Actually, it started with you ripping on the redistribution of wealth, while forgetting that you whole-heartedly support it and will be happily voting for it in the next election.  :lol:

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