Noallegiance Posted April 26, 2017 Share Posted April 26, 2017 http://www.housingwire.com/articles/39948-fannie-mae-announces-new-programs-to-break-through-student-loan-roadblock Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted April 26, 2017 Share Posted April 26, 2017 I read Fannie May and I thought it must be something about the tory leader. Quote Link to comment Share on other sites More sharing options...
Sour Mash Posted April 26, 2017 Share Posted April 26, 2017 Right, so instead of actually doing something to address the onerous load of student loan debt which lots of people will spend a chunk of their life paying back, they are just going to pretend it doesn't exist when it comes to taking on even more debt. I mean, why should being in a crippling amount of debt already prevent you from assuming an even greater debt burden Brilliant. Quote Link to comment Share on other sites More sharing options...
Errol Posted April 26, 2017 Share Posted April 26, 2017 This is so insane I can barely even hold the idea in my mind. Quote Link to comment Share on other sites More sharing options...
doomed Posted April 26, 2017 Share Posted April 26, 2017 The minute debt stops increasing the whole system implodes so I am not surprised at all. Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted April 26, 2017 Share Posted April 26, 2017 5 minutes ago, doomed said: The minute debt stops increasing people stop being able to pay the whole system implodes so I am not surprised at all. 2007 was a warm up for the big event it seems Quote Link to comment Share on other sites More sharing options...
doomed Posted April 26, 2017 Share Posted April 26, 2017 2 minutes ago, TheCountOfNowhere said: 2007 was a warm up for the big event it seems It is beyond obvious this ends in complete disaster, just a waiting game now. With our election brought forward to align with French and German elections this summer could get quite hot. Quote Link to comment Share on other sites More sharing options...
iamnumerate Posted April 26, 2017 Share Posted April 26, 2017 1 hour ago, Errol said: This is so insane I can barely even hold the idea in my mind. Very good 1 hour ago, Sour Mash said: Right, so instead of actually doing something to address the onerous load of student loan debt which lots of people will spend a chunk of their life paying back, they are just going to pretend it doesn't exist when it comes to taking on even more debt. I mean, why should being in a crippling amount of debt already prevent you from assuming an even greater debt burden Brilliant. I agree words fail me. Quote Link to comment Share on other sites More sharing options...
BearlyBegun Posted April 26, 2017 Share Posted April 26, 2017 3 hours ago, Noallegiance said: http://www.housingwire.com/articles/39948-fannie-mae-announces-new-programs-to-break-through-student-loan-roadblock That is insane Quote Link to comment Share on other sites More sharing options...
Errol Posted April 26, 2017 Share Posted April 26, 2017 Fannie Introduces "Innovative Solutions" Allowing Student-Debt-Laden Millennials To Buy A Home So what do you do when a massive student loan bubble results in crippling leverage for an entire generation of your population rendering them financially unqualified to obtain mortgage financing and their 'God-given right' to a slice of the 'American Dream'? Well, you simply change the rules to allow mortgage lenders to ignore all that pesky student debt...anything less would simply be evil and potentially racist, sexist and all sorts of other -ist words. http://www.zerohedge.com/news/2017-04-25/fannie-introduces-innovative-solutions-allowing-student-debt-laden-millennials-buy-h Quote Link to comment Share on other sites More sharing options...
darkmarket Posted April 26, 2017 Share Posted April 26, 2017 2 hours ago, doomed said: It is beyond obvious this ends in complete disaster, just a waiting game now. Impossible to read this any other way. Quote Link to comment Share on other sites More sharing options...
BorrowToLeech Posted April 26, 2017 Share Posted April 26, 2017 Good to see that lessons have been learned. Quote Link to comment Share on other sites More sharing options...
interestrateripoff Posted April 26, 2017 Share Posted April 26, 2017 Just exclude all debt. People can borrow more then. Quote Link to comment Share on other sites More sharing options...
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