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Jan 1, 2014 2:41PM
Sensationalism. If you believe anything you read in the news at all these days you are a fool. The only thing worse than a journalist is a politician. Why don't you bottom feeders just kill all of us white people and get it over with. We will never have peace and understanding in this country as long as we have liar journalist that just want to have the number one story. Why? because hate sells!!!! Screw you worthless pieces of poop!
Nov 29, 2013 11:44AM
I'm a banker, so I have every right saying this.  I love how the non-bankers blame the bank for all of their problems, or god forgid, we don't give the consumer their way or let them be entitled!! Go to the Bank of Obama if you want your entitlements!!  Banks are regualted by the FDIC and guess what folks, it's the FDIC that tells us how to run our business!! It's not solely a banks decision on what gets done with a mortgage!! Uncle Sam and FDIC call the shots, 100%.  I'm not only a banker, I'm a mortgage banker.  I have been for 13 years now.  Mortgages are going to get tougher because of the Dodd Frank Act, period!  Until you read the guidelines about "qualified mortgage' and "ability to repay"  .... and understand it........... keep your "banks are out to screw the customer" comments to yourself.  Ignorant and completely unempathetic!!  Bankers are people too.  I'm sick of reading crap like that, I'm officially offended. 
Nov 11, 2013 6:34AM
Its the fed. stupid! Those money laundering WHORES would sell their mother for a nickel and the 54% who are sucking on that fed. tit are about to get what they deserve. Bankruptcy!
Nov 11, 2013 5:04AM
"The wealthy borrow more"??? Maybe the wealthy isn't so wealthy and that's what got the US economy to where it is today... Crap.
Oct 19, 2013 10:58AM
Now that banks and the federal government are partners in telling you what you cannot do, expect the economy(or lack of economy) to be effected.
Oct 11, 2013 7:59PM
Just forget about buying a house, with all these idiots at the top of the country, insecurity is Queen and some bad stuff could very well happen soon again during the life of your new mortgage and push  everybody in foreclosure one more time loosing everything. You buy nothing: you owe nothing, take care of your retirement for the future and enjoy life. Remember the rich will always be rich, and the poor always pay the bill for their mistakes.
Oct 11, 2013 10:58AM

 What is needed is responsible journalism not more misleading information from MSN. Lenders base loans on your ability to pay them back not race.  Home ownership is not an entitlement. Work, pay your bills on time, save money, will get you good credit and home ownership.  This just shows how this administrations economic policies are hurting this county.

Oct 11, 2013 2:21AM

Most ****ing useless video and article that I have ever read.  MSN news you suck

Oct 5, 2013 10:38AM
Agree with Jackie99 regarding the race card in this article. As a self employed mortgage lender for 25 years, race has NOTHING to do with whether you get a loan or not. I suppose there may have been discrimination somewhere but I have never seen it or practiced it. Let's just think about it...a white man and a black man both apply for a mortgage and my company stands to receive a fee of $2000 for each loan...I'm going to turn down the black man simply for being black rather than earn $2000. This is how stupid that is. If you can qualify for a loan I'm going to do it whether you're white, black, pink or purple! Mortgage lending is blind to race, however, gov't monitoring keeps tabs on it! And as far as qualifying, another statement in the article states that you "can't count income from roommates or other household members"....well you have NEVER been able to use income from other people unless they were also borrowers on the loan! In the history of mortgage lending, that has not been the case...no news here...but they want to make it sound like more discrimination! Also, the gov't was the ones who jumped in years ago & made it to where anyone could get a loan whether you had credit, job, or anything which caused this whole fiasco! Now they want to be the one to "save" it when their ridiculous policies caused it! Furthermore, they make is sound like first time buyers, minorities, & low income borrowers are discriminated against because they have to apply for an FHA or USDA mortgage. My first mortgage was FHA & proud to have it. Bought & sold several times and moved up from there. These loans are great opportunities to get into homes inexpensively and with more flexibility than conventional loans and these buyers usually only stay in their first home for 3-5 years anyway. There is nothing wrong with starting small & building from there! This just sounds like another news article to further someone's political agenda
Oct 5, 2013 10:03AM

U.S. Government Is Better Than A Foreign Government Any Day Holding Mortgages Say We The People Of The U.S.A.

Oct 5, 2013 9:50AM
I am White, 69 years old and I find that I am the minority !!! Now whats your gripe?
Oct 5, 2013 9:45AM
Any person or entity that encourages or approves a loan for anyone who can't afford the terms of repaying the loan are turds. Also, people who get the loan should bear a LARGE percentage of the blame on just what they got THEMSELVES into. E.g., I propose that Michael Jackson bears 99% of blame regarding his death, not  his doctor or his producers. We must take responsibility for OURSELVES! Hello....Is there anyone out there?
Oct 5, 2013 9:42AM
Reverse Mtg lenders foreclose after a death
Oct 5, 2013 9:21AM

there is no way they will have stricter standards for  minorities. this is a mistake in the article.....that would never fly........if anything  minorities will have it easier.........come on.this is common sense

Oct 5, 2013 8:40AM
Am I wrong or isn't discriminatory loan practices regarding minority status AGAINST THE LAW IN A HUGE WAY!  Wow...MSN...really? 
Oct 5, 2013 8:28AM

Who believes this will bring out the Socialist bandwagon and race-baiters once again to DEMAND that lenders give low income buyers the "chance" at the American Dream, even if they can't afford it. Sound familiar??? This kind of story will be followed up by stories of how this person and that earn so much yet can't buy a home because of....greedy bankers (likely) who have tightened standards to much and calling for action by the politicians to again enact policies that will bring us to yet another bubble causing yet another collapse.


Owning a home isn't a right, hence the "Dream". It is achievable by anyone with sound money management and hard work. If you can't afford your dream home, stop buying the newest I-phone as soon as it comes out just to have the best. Stop buying a new car every few years, going to the movies every weekend and spending $30 on a popcorn and soda or just get a second job and save that income towards a larger down payment. And for God's sake, stop accumulating credit card debt for little niceties that you "want" now. If you "WANT" a home, work towards that and put off other considerations. And, perhaps most importantly, STOP depending on DC to make your life easier. It is not DC's job to improve your life, only to protect your opportunity to improve your life yourself.

Oct 5, 2013 8:26AM
I like the  "Less 30 year mortgages" Just to let you know the adjustable rate mortgages are 30 year mortgages'...
Oct 5, 2013 8:20AM
Oct 5, 2013 8:16AM
changes ahead for working people that want to own a home. guess what? it will get further out of reach like all other working class dreams in this country. anyone else notice as soon as the real estate market had a couple up-ticks so did the mortgage rates? guess the "shadow market" that all the realty brokers were so worried about was gobbled up by big investment money and even the stock market getting in on it. gobble gobble! there's a new landlord in town by the name of corporate america.
Oct 5, 2013 6:54AM
Up until last November I lived in Illinois. Had a middle of the road house, and my taxes tripled over a period of 4 years. Even people who own their property outright are going to see huge tax increases, so factor that in when deciding how much house you can afford.
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video on msn real estate