just wondering how many of those people will be qualified after

"Before homeowners can get FHA-backed mortgages, they must first retire any other debt on the home, such as a home equity loan or line of credit."

and no matter how it is spinned, it is not good for RE investor in long run. it just provides an artificial support of the house price, does that ever work in human history ?

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yeah, you know how Washington beaurucrats work. -山高月小- 给 山高月小 发送悄悄话 山高月小 的博客首页 (113 bytes) () 07/24/2008 postreply 14:54:28

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