Comments on: FHA Foreclosure Rate Below Prime http://www.fhaloanpros.com/2009/08/fha-foreclosure-rate-below-prime/ The Unofficial Guide to FHA Loans & Mortgages Sat, 20 Mar 2010 10:46:20 +0000 http://wordpress.org/?v=2.6 By: Peter G. Miller http://www.fhaloanpros.com/2009/08/fha-foreclosure-rate-below-prime/#comment-63434 Peter G. Miller Mon, 24 Aug 2009 16:32:23 +0000 http://www.fhaloanpros.com/?p=1160#comment-63434 Cliff -- Thanks. Alas, we have what we have. Why change only one factor if we're going to play the "if" game? If more people had gotten FHA loans in the first place rather than subprime financing we also would not have today's problems. Cliff –

Thanks. Alas, we have what we have. Why change only one factor if we’re going to play the “if” game? If more people had gotten FHA loans in the first place rather than subprime financing we also would not have today’s problems.

]]> By: Clifford J. Treese http://www.fhaloanpros.com/2009/08/fha-foreclosure-rate-below-prime/#comment-63431 Clifford J. Treese Mon, 24 Aug 2009 15:41:22 +0000 http://www.fhaloanpros.com/?p=1160#comment-63431 It is not so much about cows flying. If FHA had not taken up the failed burden of conventional lenders and insured all those additional mortgages, then one or both might things might have happened: (1) If the conventional market issued more mortgages, then their denominator would have been higher and/or (2) with fewer mortgages issued by any party, homeowners would be in even worse shape. It is not so much about cows flying. If FHA had not taken up the failed burden of conventional lenders and insured all those additional mortgages, then one or both might things might have happened: (1) If the conventional market issued more mortgages, then their denominator would have been higher and/or (2) with fewer mortgages issued by any party, homeowners would be in even worse shape.

]]>