Wow you pay for wsj, what a rich guy you are. Who can afford to pay to get advertised on?
The most conservative trait is to hyperfocus on one number presented in bad faith and strip it all of all context
wow, so FHA delinquies peaked during COVID when they shut the economy down? LMAO
Nice goalpost
cant believe loans went into delinquiencies when they made everyone not get paid for a year. totally a valid data point LOL
Its a good thing that FHA loans were insured by an up front cost paid by the person buying the house
Doesnt matter. Its insured
LMAO
doesnt matter if it pops the taxpayeer will pay for it.
You know in increased PMI
But yes it is 2007 regardless
and right now the government makes it impossiblef for these loans to be foreclosed on, which just continually inflates the market....
Jones initial argument: can you believe that the government is paying the delinquencies of FHA loans
Turns out theyre not. The buyers paid the insurance up front
Jones second argument: CORONAVIRUS!!! (trump was president)
they are paying the delinquiencies.
you cant be foreclosed on
With the home buyers money
with the taxpayers money, yes.
No. With the person who BOUGHT the house and paid an up front cost
No I don't think that's correct