01-20-2017, 04:45 PM
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Confirmed User
Industry Role:
Join Date: Feb 2010
Location: California
Posts: 3,068
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Comrade Donald Trump's first official act as President? Fuck over the regular folk...
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I m sure Trump voters using FHA just love this one.
Quote:
Soon after Donald Trump was sworn in as president, his administration undid one of Barack Obama?s last-minute economic-policy actions: a mortgage-fee cut under a government program that?s popular with first-time home buyers and low-income borrowers.
The new administration on Friday said it?s canceling a reduction in the Federal Housing Administration?s annual fee for most borrowers. The cut would have reduced the annual premium for someone borrowing $200,000 by $500 in the first year.
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https://www.bloomberg.com/politics/a...rtgage-fee-cut
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