US Elections (& Politics) :)

Hmmmm Portland, Chicago, San Francisco … I’m thinking they have something in common.. :idk:
 
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Hmmmm Portland, Chicago, San Fransisco … I’m thinking they have something in common.. :idk:
You caught me. I've lived in or near all of them. I do my destruction then move on to the next target, while gaslighting the public into thinking the dems are responsible.
 
"Also, the question was asked by MTG in meetings on the budget, why America was spending so much on foreign countries. "

How else will they keep being our "friends" and anyway, where would the kickbacks come from??
 
Huh? What kind of double speak is this?? Increase debt limit and cut spending??? Rainbows and Unicorns...


:rofl::lmao::winktongue: The sad part is, something north of 50% of the population will believe that. We now live in a country where one of every two people you meet are complete fucking morons and are just taking up otherwise perfectly good oxygen.
 
:rofl::lmao::winktongue: The sad part is, something north of 50% of the population will believe that. We now live in a country where one of every two people you meet are complete fucking morons and are just taking up otherwise perfectly good oxygen.

Speaking of fucking morons....Which is more stupid, her reaction or then going on dick-tok to post her video? Gotta be a lib.

 
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Biden To Punish Good-Credit Homebuyers To Subsidize High-Risk Mortgages

Biden To Punish Good-Credit Homebuyers To Subsidize High-Risk Mortgages | ZeroHedge

A new rule from the Biden administration will force homebuyers with good credit scores to pay higher mortgage rates in order to subsidize loans to those with riskier borrowing profiles, the Washington Times reports.



The fee, which will apply to those buying or refinancing houses after May 1, will affect homebuyers with credit scores of 680 or higher, will amount to roughly $40 per month on a home loan of $400,000, or nearly $500 per year. Homebuyers who make down payments of 15% - 20% will be hit with the largest fees.

According to those in the industry, the changes will frustrate homebuyers with high credit scores, as well as those looking to refinance, as they're being punished for having strong financial positions.

"The changes do not make sense. Penalizing borrowers with larger down payments and credit scores will not go over well," said Ian Wright, a senior loan officer at Bay Equity Home Loans in the San Francisco Bay Area, in a statement to the Washington Times via email. "It overcomplicates things for consumers during a process that can already feel overwhelming with the amount of paperwork, jargon, etc. Confusing the borrower is never a good thing."

Wright also says that the rule will "cause customer-service issues for lenders and individual loan officers when a consumer won’t understand why their interest rate and fees suddenly changed."

"I am all for the first-time buyer having a chance to get into the market, but it’s clear these decisions aren’t being made by folks that understand the entire mortgage process," he continued.

The new fees “will create extreme confusion as we enter the traditional spring home purchase season,” said David Stevens, a former head of the Mortgage Bankers Association who served as commissioner of the Federal Housing Administration during the Obama administration.
“This confusing approach won’t work and more importantly couldn’t come at a worse time for an industry struggling to get back on its feet after these past 12 months,” Mr. Stevens wrote in a recent social media post. “To do this at the onset of the spring market is almost offensive to the market, consumers, and lenders.”
The housing market has been hit hard by a series of Federal Reserve interest rate hikes that have driven mortgage rates above 6%, roughly double the level from early 2022. The Fed has raised rates rapidly to bring down inflation, which hit a four-decade high of 9.1% last summer. -Washington Times

Under the new Biden rules, those with lower credit scores and smaller down payments will qualify for better mortgage rates and discounted fees thanks to the surcharge on those with good scores.