The FHA Is Broke – Gold Speculator

FHA insures loans to buyers who lack the down payment and/or credit scores to qualify for mortgages without the FHA insurance. These home buyers pay higher interest rates with the difference from an uninsured mortgage rate going into …

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The FHA Is Broke – Gold Speculator

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    Related results on The FHA Is Broke – Gold Speculator

    1. People are walking away from mortgages. FHA is the housing market. Liquidity is drying up and never has there been so much debt to pay off. If you think that's inflation then buy gold, short the dollar and get filthy rich. ... It is very useful to look at things both as a participant with your own emotions and a spectator/speculator/investor. jat4209 Said,. More like a class ? More like a class war ON TOP of WW3.. aviomaster Said,. His Willer curve ? ...

    1. Guessing that "the bottom is in" sets up another cliche, "catching a falling knife" which describes impatient speculators buying stocks or houses in the conviction that "the bottom is in" only to lose their shirts as the market continues .... finally muzzled the ravenous blood-stained jackels of Wall Street, money-center banks and the socialist black holes of Fannie Mae, Freddie Mac, FHA, Ginnie Mae and all the other taxpayer-subsidized moneypits where wealth went to die. ...

    1. Pretty soon you're broke. Technically, the Fed is insolvent, with a little over $51 Billion in capital holding down almost $2 Trillion in contracting assets with Fannie, Freddie, Ginny and the FHA lining up for more relief. A pop in interest rates reflecting sovereign .... In the purest sense- liquidity only disguises real value in the eyes of the superficial speculator- That's the ONLY reason why this economic climate is different than past recessions (in my opinion) ...