That is the definition of a non issue
income to debt ratios are way higher
You also dont know the resolution rate of these delinquencies
you just call up the government say you can pay and then they pay off the loan and keep you from being foreclosed.
The bottom line is that it is bad to increase homelessness and 0.06% of FHA loans being essentially subsidized by the tax payer is a much higher reward to risk than forcing them out of their homes
is that resolved
About 7.05% of FHA mortgages issued last year went seriously delinquent—90 or more days past when a payment is due—within 12 months. That’s more than at the 2008 peak of the subprime bubble (7.02%).
Every single FHA loan that is delinquent was issued last year? Source?
the article says that 7% of the ones issued last year went seriosuly delinquent.
The article is misinterpreting the data
well the lenders responded not with that argument lmao
Scrolled past another 100 posts of Jones talking to jdance
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The FHA made 556,841 “incentive payments” to servicers over the past year to prevent foreclosures—nearly as many as the new mortgages it insured.
turns out turkey funds hamas and has been arresting hundreds of people under the guise of "spy for mossad" and your r*tard foreigner is just a turkish spy being roughed up under orders of mossad.
In top of a population of 2million that's not that much.
The holocaust was a genocide, most ppl would agree, and 2/3 of the European jews were killed during that time so basically at least 1million ppl in Gaza should be dead right now if this as a real ethnic cleansing/genocide.
If there's an article can you post it again
i just looked at the wikipedia page adn found erdogan bragging about recuperating hamas in turkish hospitals, then found a section on "domestic arrests" and came to the logical conclusion.
Holy shit you are dumb
this is obviously what happened.
FHA has always given riskier loans, it charges an up front mortgage insurance and a monthly insurance to fund the pool of money that is used to keep these riskier buyers from foreclosure. The bailouts are funded by the buyers.
The mortgage delinquency rate for Federal Housing Administration (FHA) loans in the United States declined since 2020, when it peaked at 15.65 percent. In the second quarter of 2024, 10.6 percent of FHA loans were delinquent. Historically, FHA mortgages have the highest delinquency rate of all mortgage types.
https://www.statista.com/statistics/205977/us-federal-housing-administration-loans-since-1990/