"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 ?
just wondering how many of those people will be qualified after
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yeah, you know how Washington beaurucrats work.
-山高月小-
♂
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07/24/2008 postreply
14:54:28