Jubak’s Journal: A new mortgage problem
description: The White House has proposed that lenders who renegotiate mortgages should get a guarantee from the Federal Housing Administration. Trouble is, the FHA has its own crisis brewing, says MSN Money’s Jim Jubak.
Tags
04/10/08
04/10/08
A new mortgage problem
A new mortgage problem
financial services
financial services
investing
investing
Jim Jubak
Jim Jubak
jubak's
jubak's
Jubak's Journal
Jubak's Journal
msn money
msn money
simple strategies
simple strategies
Comments
If we have private mortgage insurance for investor who buys the mortgage, why can't we have a hardship insurance for homeowners? this could be incorporated into the interest rate (self insured) and why would anyone in ther right mind buy a house now knowing that the banks are not willing to help in times of hardship. -
survelliance
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