Comments on: Panama City Florida Mortgage Information – Reversal of HUD’s $8,000 tax credit announcement http://www.jennifermackay.com/wordpress/2009/05/reversal-of-huds-8000-tax-credit-announcement-panama-city-real-estate-mortgage-information/ When you're here... You're Home! Fri, 10 Feb 2012 13:12:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Jennifer Mackay http://www.jennifermackay.com/wordpress/2009/05/reversal-of-huds-8000-tax-credit-announcement-panama-city-real-estate-mortgage-information/comment-page-1/#comment-1466 Jennifer Mackay Tue, 02 Jun 2009 11:58:07 +0000 http://www.jennifermackay.com/wordpress/?p=435#comment-1466 Sorry guys - You were both in my spam box but I've released you both. Thanks for stopping by and offering your insights. There is a reversal of this policy supposedly due out this month. We'll see what happens and of course I'll keep everyone informed. Best wishes Jennifer Sorry guys – You were both in my spam box but I’ve released you both.

Thanks for stopping by and offering your insights.

There is a reversal of this policy supposedly due out this month.

We’ll see what happens and of course I’ll keep everyone informed.

Best wishes

Jennifer

]]> By: Cal Carter @ Gulf Shores Condos http://www.jennifermackay.com/wordpress/2009/05/reversal-of-huds-8000-tax-credit-announcement-panama-city-real-estate-mortgage-information/comment-page-1/#comment-1442 Cal Carter @ Gulf Shores Condos Fri, 22 May 2009 18:47:15 +0000 http://www.jennifermackay.com/wordpress/?p=435#comment-1442 Go figure! Government policy is what created many of the problems we have now anyway. Sound lending practices would have prevented overbuilding, HELOC nightmares, and many upside down mortgages. The borrower should always have something at risk, not just the lender. Oh what a mess they created in trying to make everyone equal. Instead of the intended consequence, we end up with the poor being poorer, the rich richer, and the middle class picking up the bill for poor decision making across the spectrum. Monetary policy and tax code should not be used to engineer the ideals of society on a whim. It leads to bubbles, corruption, looting, and economic disaster. There will be no over night fix for the whole that we have dug for ourselves. Unfortunately, those that were not "digging" are in the hole too. Go figure! Government policy is what created many of the problems we have now anyway. Sound lending practices would have prevented overbuilding, HELOC nightmares, and many upside down mortgages. The borrower should always have something at risk, not just the lender. Oh what a mess they created in trying to make everyone equal. Instead of the intended consequence, we end up with the poor being poorer, the rich richer, and the middle class picking up the bill for poor decision making across the spectrum. Monetary policy and tax code should not be used to engineer the ideals of society on a whim. It leads to bubbles, corruption, looting, and economic disaster. There will be no over night fix for the whole that we have dug for ourselves. Unfortunately, those that were not “digging” are in the hole too.

]]> By: Mike in Dallas http://www.jennifermackay.com/wordpress/2009/05/reversal-of-huds-8000-tax-credit-announcement-panama-city-real-estate-mortgage-information/comment-page-1/#comment-1435 Mike in Dallas Wed, 20 May 2009 19:53:45 +0000 http://www.jennifermackay.com/wordpress/?p=435#comment-1435 Dang, i think this would have been a good thing. I dont mind 100% loans as long as the people have the credit to qualify Dang, i think this would have been a good thing. I dont mind 100% loans as long as the people have the credit to qualify

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