Energy Investing - As to home loan delinquencies.......... - Energy Investing - InvestorVillage


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Msg  501773 of 550899  at  6/5/2023 8:13:53 AM  by

xoil


As to home loan delinquencies..........

There's this which not add to inflation, right? More free shit. Damn! The american taxpayer is just so generous & giving. Brings a tear to my eye.
PT Barnum would be worth $Bs today. 
 
 

FHA Floats New Program To Use Taxpayer Cash To Pay Mortgages Of Delinquent Homeowners


snippet:

Further proving we haven't learned our lessons from the "free stuff" era of Covid "relief" that taxpayers funded and continue to pay for via out of control inflation, the government announced last week it is working on a way to reward people who don't pay their bills "help struggling homeowners meet their mortgage obligations".

The program comes from the Federal Housing Administration, who posted a proposal for feedback on an initiative called "the Payment Supplement Partial Claim", which as the government's press release says, "would allow mortgage servicers to use the FHA Partial Claim both to bring a borrower’s mortgage current and to provide temporary reductions to their monthly mortgage payments for up to five years."



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Msg # Subject Author Recs Date Posted
501775 Re: As to home loan delinquencies.......... Pipeless_Pauper 2 6/5/2023 8:22:33 AM




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