@WSJ
When a borrower has assets at risk, it is not a 100% mortgage. Past problem was borrower had no assets at risk other than the house.
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ: 100% financing - strategy that pushed many homeowners into foreclosure during housing bust - is back: http://on.wsj.com/11ofssrThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ it wasn't the 100% financing it was option arm ratesThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ so this is really aimed at the wealthy w/ $ & assets who could likely afford dwnpmt. Those who may play hard & fast w/ the rules anywayThanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ huge difference. The down payment portion is secured by assetsThanks. Twitter will use this to make your timeline better. UndoUndo
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“
@WSJ 100% financing - strategy that pushed many homeowners into foreclosure during housing bust, is back: http://on.wsj.com/11ofssr ”$elli algo?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@WSJ Not so sure 0% down mortgages are a good idea...Thanks. Twitter will use this to make your timeline better. UndoUndo
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