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Real Estate
Reply to "Hike in payments for good-credit homebuyers to subsidize high-risk mortgages"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Communism [/quote] more like socialism [/quote] This is a government program to help very private banks protect their very private profits. You can hate communism and socialism but that should involve knowing what they are, or at least what they aren’t. [/quote] NP. I think the pp’s point is that banks should be charging the risky people fees to offset their risky mortgages and protect their own private profits that way. Interest rates and fees have always been a function of risk since that’s how the banks protect their investments. It shouldn’t be responsible people paying more fees for this, even if risky people still pay fees as well like they should.[/quote]
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