@RepJackKimble I guess you missed the opening of the Obama Center. That was a star packed event and a capacity crowd. That is your answer in case you are still wondering.
@tutueme@pulte Self-Employment is the riskiest form of income. A YTD P&L statement is required by some loan programs to determine if the current income has declined from the prior year. A decline in income leads to potential capacity to repay. The capacity to repay, a critical aspect.
@sparkplug754@JamesGordon49@pulte The FACT is, a mortgage rate for a Conventional Fannie Mae or Freddie Mac loan for a Primary Residence or a Second Home was EXACTLY the same at the time each of those mortgages were closed. Its sad that the FHFA Director doesn't have basic mortgage industry knowledge.
@BenDempsey18@pulte@ThomsenDarlene At that time, the interest rate on a Primary Residence and a Second Home with Fannie Mae or Freddie Mac were exactly the same. This is all smoke and mirrors. It's sad that someone running FHFA doesn't know the basics of mortgages.
@pulte As head of the FHFA, I am sure that you realize that there were no differences in interest rate on a Primary Residence vs a Second Home at the time each of these mortgages were obtained.
@Music21Cj This is EXACTLY what you voted for. You just didn't think that Trump's policies would hurt you and your family. You only wanted them to hurt others. People tried to tell you and you refused to listen.
@Patriot1776Dee@PeteHegseth @DeptofDefense Do you realize that Trump was the President who signed this into law in 2017? That is AFTER Obama left office and BEFORE Biden was elected. This was Ivanka's project.
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@Geiger_Capital Technically speaking, he left out Cuba, Belarus, North Korea, and Russia from new tariffs. It's definitely a telling choice to leave those countries out yet tax the penguins.
Some lenders talk about supporting military homebuyers. At Rate, our actions speak louder than words. Since 2018, we have waived over $65M in VA loan lender fees - helping 47K+ Veteran and active service members become homeowners. https://t.co/IRaSYJjCzj #VALoan#VAMortgage#Rate
@suzanne_tegart@nefraqueen@SecretaryTurner You are saying that you are a DE Underwriter and that you violated HUD policy by approving FHA loans for borrowers not meeting citizenship requirements?
Exactly what type of loans did you approve? What was their citizenship status?
I have the 4000.1 to back up my facts. HBU?
@nefraqueen@suzanne_tegart@SecretaryTurner While they are not US Citizens, they are legally in the US and Non-Permanent Resident Aliens. They are lawful residents of the US.
While there are ITIN loan programs for undocumented individuals, FHA is NOT one of those loan programs.
You could close on your home faster and lower your upfront costs with an appraisal waiver*. Freddie Mac has lowered the minimum down payment requirement from 20% to options as low as 10%. Contact me to learn more about how an appraisal waiver could benefit you. #AppraisalWaiver
@ZacharyLoft@SecretaryTurner Correct. Technically, DACA receipents also fall into the now soon to be disallowed Non-Permanent Resident Alien category. @HUDgov calling them illegals is both disrespectful and embarrassing.