Based on the push back this rule sort of got pushed aside. Well now that we are approaching the release of these wonderful new rules it’s not only been revived, but revised as well. Now the brain trusts that control this stuff want 30% down. Can you imagine having most lenders in the country requiring 30% down? Looks like Wells Fargo, Bank of America, Chase and Citi will officially be the only lenders doing loans in the country. Awesome. I guess “too big to fail” means you simply have absolutely ZERO COMPETITION.
You have time to complain though, and who knows… if enough people do complain they might just listen. Click HERE to file your comment. Also, Please, Please share this video with all of your friends and associates.