Dodd Frank
I hate Dodd-Frank. It’s a good idea gone rogue. And if you value the ability of qualified people to buy real estate without having to place 20% to 50% as a down payment, you should hate it, too. Dodd-Frank is like nuking an entire apartment complex to get rid of bedbugs in one small 300 square foot…
Great article in this week’s TIME Magazine, slim as it is, showing the difference in the 10% and 20% down payment model. Subscription required online, page 17 if you want to skim while at the check-out line. As you may know, the Feds (Dodd-Frank) want to increase home buyer’s “skin in the game”, requiring higher…
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