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Lying about delinquent mortgages is back πŸ”—  Tue Apr 01 2025  

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This time it's FHA/FNMA itself falsifying that these mortgages are current through the "Fresh Start" program, which pays 'em off with taxpayer money rather than allowing foreclosure to sully the books, preventing these cretinous borrowers from having the attendant hit to their credit record. Risk is as a result systematically mispriced now, heaven help us.
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