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Old 01-20-2017, 03:38 PM   #221
photon
The new goggles also do nothing.
 
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Join Date: Oct 2001
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Quote:
Originally Posted by PsYcNeT View Post
What a populist! Tax cuts to the top 1% and increased mortgage insurance rates for the poorer classes!
More:

https://theintercept.com/2017/01/20/...ss-homebuyers/

These insurance fees are effectively a tax on middle-class homeownership. By reversing the cut, which was scheduled to go into effect on January 27, one week from today, Trump will be taking more money from FHA homebuyers to keep in government coffers.

...

Based on analysis by Attom Data Solutions, the reversal means an extra $446 million for the MMIF, and concurrently that much less in the pocketbooks of an estimated 1 million homebuyers projected to take out FHA loans in 2017.
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