The Economy

1) What the fuck is this shit?
2) Isn't this the same damn harebrained idea that torpedoed the economy in 2008?
3) This is a giant middle finger to the middle class, who will be most affected by this. It's also an insult to everyone who did things the right way in building up credit, saving, and being responsible.

Biden raises costs for homebuyers with good credit to help risky borrowers

https://nypost.com/2023/04/16/how-t...buyers-at-the-cost-of-those-with-good-credit/

 

Student loan forgiveness already crossed that bridge.

 

Meh ... just another of those "adjustments" that must be made to keep the country from careening off into a revolution.

 

I looked last night and looked again this morning for a link to this mortgage story that doesn’t come from the Rupert-verse or some other obvious right wing shill factory. If you have a link to actual journalism I’d like to take a look.

 

Google "llpa fee" and a number of legit (to me) stories pop up.

 

This looks pretty legit to me:

Is There Really a New, Unfair Mortgage Tax on Those With High Credit?

 

"the feeling"

 

Wow, to be one of the 13 percent who answered yes, a lot, to that last question.

 

it's those with credit scores >800 who are paying the unfair mortgage tax

 

I cannot imagine telling my 2004 self that Bed, Bath & Beyond would be out of business by 2024.

 

What did your 2004 self think about the future of the newspaper industry?