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Foreclosure Specialists Fannie and Freddie Spin a Deal Only the Foreclosure Kings in Trumps Cabinet Know Will Generate Cash by Sacrificing Homeowners Again

The Trump administration is vastly expanding the scope of condominium purchases eligible for lower-down-payment loans. The move by the Federal Housing Administration, could help revive the entry-level condo market for first-time buyers because FHA-backed loans require only a 3.5% down payment and lower credit score than conventional loans thus helping to fuel the foreclosure market.

Hey, Let’s Invest In Some Subprime Mortgages!

Ben Carson has joined the Committee to Re-Inflate the Housing Bubble.

The Trump administration is vastly expanding the scope of condominium purchases eligible for lower-down-payment loans.

The move, to be announced Wednesday by the Federal Housing Administration, could help revive the entry-level condo market for first-time buyers because FHA-backed loans require only a 3.5% down payment and lower credit score than conventional loans.

It also loosens financial-crisis-era rules and could expose the government to a higher probability of loan default if the housing market continues to slow and prices fall.

Let’s review some headlines: inverted yield curve, the Fed already acting like we’re in a recession, apparently endless if desultory trade war under way, etc. Stocks are all over the place, but it’s not just stocks:

The Merrill Lynch Move Index, which measures volatility in government bonds, has jumped about 43% this month, FactSet data through Friday show. Measures of currency volatility and oil-market swings through the Cboe/CME FX Yen Volatility Index and Cboe Crude Oil ETF Volatility Index also have risen in August. The currency volatility gauge last Monday hit the highest level since early January.

Yesterday saw the Dow drop 800 points and social media went into meltdown.

As Safe As Auschwitz: The Nazi German Deutsche Bank’s Greatest Coup In American History

US Gov. partners with Home Thievin’ Nazi German Deutsche Bank, which stores in excess of 21 million homeowners legal documents.

The One Percenters: Donald Trump Created the Wealthiest Wall St. Cabinet in US History

Trump’s Goldman Sachs Cabinet appointments allowed the largest Wall Street players to remain as virulent and parasitic as they are now.

PHH Mortgage Corporation and the Anti-Consumer Agency CFPB’s Relationship is Undoubtedly Incestuous

Here’s proof that Wall Street has controlled and conspired with the US Govt in the Greatest Theft of Citizens Homes in American History.

Indymac Bank’s Revival Attempt by Fannie Mae Defeated in New York Supreme Court

Despite a default judgment, Indymac Bank, Ocwen Loan Servicing, LLC and Fannie Mae vindictively litigated to reinstate their case. They lost.

The Fall of Indymac and the Failure of Sen. Chuck Schumer. Fifteen Painful Years Later, He Needs to Go.

The irony in this whole situation is that Sen. Schumer was trying to warn about a run on the bank, when that very warning helped cause a run.

Indymac Bank’s Victor Woodworth: This is What Jail Looks Like for the Sr VP of Predatory Lending

You will note in the FDIC litigation involving Indymac Bank, Victor Woodworth is listed as Senior Vice President.

Foreclosure Specialists Fannie and Freddie Spin a Deal Only the Foreclosure Kings in Trumps Cabinet Know Will Generate Cash by Sacrificing Homeowners Again
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