Relevant:
- FHA Loans the Choice of Housing Comrades. How Government Backed Loans are creating Another Problem for the Housing Market
- Downpayment Money-Launderers Astroturf Support For Their Taxpayer-Robbing Programs
- FHA's Stevens Reports: Downpayment Assistance May Wind Up Costing the FHA $13.6 Billion
- All praise to the new subprime -- 1 out of 6 FHA insured loans is now delinquent. Offering 30x leverage with FHA loans.
- 2009 FHA Limit Set - $625,500 limit in high-cost areas
2011-04-06 — doctorhousingbubble.com
``FHA loans showing massive delinquency rates and have the potential of costing the taxpayer $100 billion in another bailout.'' -- Note how 2008-vintage FHA loans are suddenly deteriorating at an accelerating rate. This was the last year FHA allowed the illegal no-money-down SFDPA loans. Coincidence?
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