What Mitt Romney #GOP #FHA CLOSING MEANS TO YOU home loan health care nursing home
Mitt Romney at private fundraiser: I might eliminate HUD
If GOP hopeful The least popular nominee in eternity Mitt Romney has his way HUD will be killed and presumably so will the FHA programs. It means higher loan rates, no nursing care less rural hospitals and assisted living no aid to poor elderly mostly women for rentHome Single Family - lowest rate lender
HOME LOAN RATES GO UP 1%
HOME LOAN RATES GO UP 1%
Multifamily Loans only national construction lender rural apartment lender
Hospital - Urban and Rural Hospital loans
fewer new hospitals more rural deaths
fewer new hospitals more rural deaths
Health Care Assisted Living Nursing Home biggest lender in Country
more expensive private nursing home only option sick parents move home
It’s election season and the candidate – hoping to appeal to conservatives – wants to stick a knife in HUD/FHA because, well, it’s a cabinet level agency and cutting big government is a red meat move. But first, Romney has to get elected. And if he does, then he has to get such a move through a Congress that presumably will be controlled by the GOP. So, if you think the housing market is tough now, just wait until the FHA program disappears. Of course, I’m sure the private sector is ready, willing and able to fill the void.more expensive private nursing home only option sick parents move home