Quote from mgabriel01:
Ok Reaver
Here it is ---- its called the 'Community Accomodation Combo'
http://localism.com/article/158146/Another-1-Financing-Program-Available-The
Note the key features
60% DTI
620 Mid Score
BK or foreclosure OK (yeap thats right OK!)
No reserve requirement
watcha think
a rose by any other name?
THAT IS INCREDIBLE!
Wow. People wonder why rate cuts aren't gonna fix this mess. Big banks won't stop playing with the greed and stupidity of others long enough for the economy to recover.
That doesn't absolve borrowers from the responsibility of being prudent either, just to clarify...but we all know they are beyond hope as far as being intelligent. lol
Thanks for remembering to post that.