Just got an updated mortgage quote. (Non-QM) 30yr fixed at 7.875%

by Boo_Randy

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The housing market is f*#ked. Once again, millions of people are going to end up losing “their” house to the Fed’s private equity accomplices. Once again, the banksters who recklessly lent to the non-creditworthy to buy houses they couldn’t afford are going to get bailed out by taxpayers. Once again, Yellen the Felon will end up collecting millions in “speaking fees” from the Wall Street investment banks who have their losses made whole by the Fed’s printing press & middle class taxpayers.

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