Comments on: FHA Secure has rolled out for Washington Residents http://www.barnettassociates.net/fha-secure-has-rolled-out/?utm_source=rss&utm_medium=rss&utm_campaign=fha-secure-has-rolled-out Search Snohomish County Real Estate for local homes for sale: resales homes, bank owned properties and houses, HUD homes, and short sales in Arlington, Bothell, Everett, Granite Falls, Lake Stevens, Lynnwood, Marysville, Mill Creek, Monroe, Mukilteo, Stanwood, and Snohomish. Mon, 06 Feb 2012 14:12:14 +0000 hourly 1 By: Carol M. http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-886 Carol M. Sat, 28 Feb 2009 00:22:20 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-886 Hi Danielle, I for one have had to get assistance from the government with basic necessities when I was younger and in desperate need. The problem I have with the gov't bailing out hundreds of thousands is that how does that really help people? Do they miraculously learn to read what they sign? Or what they can afford? This goes way beyond these people not reading what they sign. The banks had certain checks and balances to assure whether a citizen could truly afford the home they were trying to get a mortgage. We actually have helped people to not get out on their own. Life is hard, and if people expect to have a life with all the nice things they need to work their butts off, save & then buy a home!!!! The gov't shouldn't require banks to lower the standards by which they decide which citizens can get a loan. This was exactly what CLINTON did in 1999 when he pushed for people who couldn't afford or normally qualify for a home loan to get one. He thought that everyone should be able to buy a home. That's a nice thought, but very unrealistic. It makes me think of all people should become doctors & lawyers than who will pick up the trash, grow food, etc. If you click on the link below, you will find who actually started the ball rolling was CLINTON himself!!!! Not Bush. http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&scp=1&sq=september%201999&st=cse I know everyone likes to think since it all caught during Bush's terms that it was because of something he did, but the next president(s) catch what was actually put into place in previous terms. I actually said last February that "We’ll just have to wait to see what if any backlash results from this… National economy or not!" I stand on this opinion along with most financial advisors who say this is the only healthy way to get our economy back on track, but of course those who have found themselves in these horrible situations would never agree that they reap what they have sewn. Unfortunately CLINTON messed alot of people up by insisting the rules be less restrictive, and give a helping hand into a home that is definitely more expensive than renting. I was always told that you have to work, save, and be able to afford it with one income even in a two-income home, but all of the pretty much was thrown out the door by CLINTON. According to New York Times he pressured Fannie Mae to expand mortgage loans among low and moderate income people. Toby, I agree with you on one thing..."Let natural market forces correct the problem ." Hi Danielle, I for one have had to get assistance from the government with basic necessities when I was younger and in desperate need. The problem I have with the gov’t bailing out hundreds of thousands is that how does that really help people? Do they miraculously learn to read what they sign? Or what they can afford? This goes way beyond these people not reading what they sign. The banks had certain checks and balances to assure whether a citizen could truly afford the home they were trying to get a mortgage. We actually have helped people to not get out on their own. Life is hard, and if people expect to have a life with all the nice things they need to work their butts off, save & then buy a home!!!! The gov’t shouldn’t require banks to lower the standards by which they decide which citizens can get a loan. This was exactly what CLINTON did in 1999 when he pushed for people who couldn’t afford or normally qualify for a home loan to get one. He thought that everyone should be able to buy a home. That’s a nice thought, but very unrealistic. It makes me think of all people should become doctors & lawyers than who will pick up the trash, grow food, etc. If you click on the link below, you will find who actually started the ball rolling was CLINTON himself!!!! Not Bush.
http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&scp=1&sq=september%201999&st=cse

I know everyone likes to think since it all caught during Bush’s terms that it was because of something he did, but the next president(s) catch what was actually put into place in previous terms.

I actually said last February that “We’ll just have to wait to see what if any backlash results from this… National economy or not!” I stand on this opinion along with most financial advisors who say this is the only healthy way to get our economy back on track, but of course those who have found themselves in these horrible situations would never agree that they reap what they have sewn. Unfortunately CLINTON messed alot of people up by insisting the rules be less restrictive, and give a helping hand into a home that is definitely more expensive than renting. I was always told that you have to work, save, and be able to afford it with one income even in a two-income home, but all of the pretty much was thrown out the door by CLINTON. According to New York Times he pressured Fannie Mae to expand mortgage loans among low and moderate income people.

Toby, I agree with you on one thing…”Let natural market forces correct the problem .”

]]> By: Toby Barnett http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-885 Toby Barnett Fri, 27 Feb 2009 18:35:11 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-885 I look for another way of <a href="/short-sales-distress-properties-foreclosures-and-reos/" rel="nofollow">REOs</a> to hit the market as the next batch of ARMs set to adjust; hopefully that will be the last wave. The government is doing it best to help out a struggling national economy and I agree with you Danielle that it is there job. But another part of me is looking at the tax payer who will be burdened with all the debt created from the government help. It's a catch 22 in my opinion. Let natural market forces correct the problem or nationalize the financial institution. Both ideas set to accomplish the same thing just one is warm and fuzzy and the other is hard and tough. I look for another way of REOs to hit the market as the next batch of ARMs set to adjust; hopefully that will be the last wave. The government is doing it best to help out a struggling national economy and I agree with you Danielle that it is there job. But another part of me is looking at the tax payer who will be burdened with all the debt created from the government help.

It’s a catch 22 in my opinion. Let natural market forces correct the problem or nationalize the financial institution. Both ideas set to accomplish the same thing just one is warm and fuzzy and the other is hard and tough.

]]> By: Danielle http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-884 Danielle Fri, 27 Feb 2009 15:46:09 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-884 I feel bad for the people who made a mistake and picked the ARM mortgage loan. Alot of those people probaly didn't know what they were signing. I know for a fact that if your poor and can get a loan you take what you can get without asking is there a better deal, because you don't think you can get one. I don't look at what the government is doing as a hand out, I look at it as doing it's job. These people pay taxes just like we all do and they deserve the help. I wish people would stop blaming the so called "liberals" when bush got our economy into this mess. And now the "liberals " have to clean up the mess. I feel bad for the people who made a mistake and picked the ARM mortgage loan. Alot of those people probaly didn’t know what they were signing. I know for a fact that if your poor and can get a loan you take what you can get without asking is there a better deal, because you don’t think you can get one. I don’t look at what the government is doing as a hand out, I look at it as doing it’s job. These people pay taxes just like we all do and they deserve the help. I wish people would stop blaming the so called “liberals” when bush got our economy into this mess. And now the “liberals ” have to clean up the mess.

]]> By: Edna http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-883 Edna Wed, 23 Apr 2008 03:14:49 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-883 Please call me about fha secure. Please call me about fha secure.

]]> By: Carol http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-882 Carol Sat, 01 Mar 2008 02:07:14 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-882 I'm sure part of your different view as you say is due to your career in the real estate industry. That has to change the way you view things. I’m sure part of your different view as you say is due to your career in the real estate industry. That has to change the way you view things.

]]> By: Carol http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-881 Carol Sat, 01 Mar 2008 02:04:39 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-881 We'll just have to wait to see what if any backlash results from this... National economy or not! We’ll just have to wait to see what if any backlash results from this… National economy or not!

]]> By: Toby Barnett http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-880 Toby Barnett Fri, 29 Feb 2008 21:32:57 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-880 Maybe it is because Chris and I both work within the real estate industry that our perspective varies from yours. Either way, contrary to all opinions, the government feels that is in the best interest of the national economy to help the families which fall into the ARM category. "So your thinking is if alot of people fall into a poor decisions it makes it alright to forgive them all?" Right or wrong is makes no difference at this point. The <a target="_blank" href="http://www.hud.gov/news/fhasecure.cfm" rel="nofollow">FHA Secure</a>, <a target="_blank" href="http://portal.hud.gov/portal/page?_pageid=33,717383&_dad=portal&_schema=PORTAL" rel="nofollow">FHA Modernization</a> and <a target="_blank" href="http://portal.hud.gov/portal/page?_pageid=33,816034&_dad=portal&_schema=PORTAL" rel="nofollow">Project Life Line</a> are being or going to be used to help people in home loan crisis. Maybe it is because Chris and I both work within the real estate industry that our perspective varies from yours. Either way, contrary to all opinions, the government feels that is in the best interest of the national economy to help the families which fall into the ARM category.

“So your thinking is if alot of people fall into a poor decisions it makes it alright to forgive them all?”

Right or wrong is makes no difference at this point. The FHA Secure, FHA Modernization and Project Life Line are being or going to be used to help people in home loan crisis.

]]> By: Carol http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-879 Carol Fri, 29 Feb 2008 19:55:17 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-879 No, I don't believe it has moved off the topic. There is assistance to assist people, than there are handouts. Assistance helps people, handouts don't. This is obviously another tactic of the liberal thinking we see in Washington. They are not looking at the repercussions to this decision. This will not harness in people's wild and irresponsible behavior. There is no sting that encourages change if they have there damages just wiped away. Helping people isn't always FREE handouts or write-offs, but difficult decisions to make individuals responsible for their actions. This is done by temporarily assisting them through a temporary relief, but definitely not forgiving of a debt. These people need to be held responsible by having them continue to pay maybe for a longer period of time, but not just wiping away their debt. So your thinking is if alot of people fall into a poor decisions it makes it alright to forgive them all? I mean because there's so many of them? Sorry, that just makes about as much sense as some of the other lame decisions we see coming from our leaders in Washington, ie. amnesty years ago was supposed to stop the problem with illegals coming in. But in actual fact all that did was pat them on the back, and encourage more illegals to come in. This is a proven fact. History shows us that what behaviors we want to encourage we need to reward, and what behaviors we want to extinguish we need to discipline. So how do you figure this will bring about any different results? Sorry, but there's a unseen self-serving benefit here somewhere! No, I don’t believe it has moved off the topic. There is assistance to assist people, than there are handouts. Assistance helps people, handouts don’t. This is obviously another tactic of the liberal thinking we see in Washington. They are not looking at the repercussions to this decision. This will not harness in people’s wild and irresponsible behavior. There is no sting that encourages change if they have there damages just wiped away. Helping people isn’t always FREE handouts or write-offs, but difficult decisions to make individuals responsible for their actions. This is done by temporarily assisting them through a temporary relief, but definitely not forgiving of a debt. These people need to be held responsible by having them continue to pay maybe for a longer period of time, but not just wiping away their debt. So your thinking is if alot of people fall into a poor decisions it makes it alright to forgive them all? I mean because there’s so many of them? Sorry, that just makes about as much sense as some of the other lame decisions we see coming from our leaders in Washington, ie. amnesty years ago was supposed to stop the problem with illegals coming in. But in actual fact all that did was pat them on the back, and encourage more illegals to come in. This is a proven fact. History shows us that what behaviors we want to encourage we need to reward, and what behaviors we want to extinguish we need to discipline. So how do you figure this will bring about any different results? Sorry, but there’s a unseen self-serving benefit here somewhere!

]]> By: Toby Barnett http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-878 Toby Barnett Fri, 29 Feb 2008 18:55:58 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-878 Carol, it seems that you have a better grasp on your financial position than others did and/or do. But to take it the extreme of enforcing some sort of punishment, letting people get foreclosed on and kicked out of their home, instead of offering assistance is to much in my opinion. Also, FHA Secure and "bail out" plans are not going to be available for everyone so the idea that the American public is footing the bill for so many is not true. Your example of John Doe: it is unfortunate that people experience various other hardships which go unrecognized but the reality is they do not make up a large portion of the economy. It sounds harsh but it is reality; if 10 million families where loosing their home to medical reasons it would make the government stand up and take notice but when the numbers are so low it just gets looked over. Another note, the US has been helping others for a long period of time, inside and outside US borders. And help is what a leading country should do despite what others may think of that help. If a nation refuses to make fiscal decisions to help its citizens and economy how is it supposed to move through problems and grow as a nation? It also seems that this conversation has definitely moved off topic of FHA Secure availably for Washington residents, wouldn't you say? Carol, it seems that you have a better grasp on your financial position than others did and/or do. But to take it the extreme of enforcing some sort of punishment, letting people get foreclosed on and kicked out of their home, instead of offering assistance is to much in my opinion. Also, FHA Secure and “bail out” plans are not going to be available for everyone so the idea that the American public is footing the bill for so many is not true.

Your example of John Doe: it is unfortunate that people experience various other hardships which go unrecognized but the reality is they do not make up a large portion of the economy. It sounds harsh but it is reality; if 10 million families where loosing their home to medical reasons it would make the government stand up and take notice but when the numbers are so low it just gets looked over.

Another note, the US has been helping others for a long period of time, inside and outside US borders. And help is what a leading country should do despite what others may think of that help. If a nation refuses to make fiscal decisions to help its citizens and economy how is it supposed to move through problems and grow as a nation?

It also seems that this conversation has definitely moved off topic of FHA Secure availably for Washington residents, wouldn’t you say?

]]> By: Carol http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-877 Carol Fri, 29 Feb 2008 04:07:47 +0000 http://www.barnettassociates.net/fha-secure-has-rolled-out/#comment-877 I also wonder how much of all this is due to the far reaching results hitting higher up the financial ladder. I don't think there's as much concern about these unfortunates until it digs in the wealthiest classes pockets. It certainly isn't the little guy or the middle class who are doing the irresponsible loaning practices! I also wonder how much of all this is due to the far reaching results hitting higher up the financial ladder. I don’t think there’s as much concern about these unfortunates until it digs in the wealthiest classes pockets. It certainly isn’t the little guy or the middle class who are doing the irresponsible loaning practices!

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