Posted by karp on May 20, 1999 at 18:44:09:
No you won’t make money off of this.
Neither will the lender, the borrower, the mortagge broker, the real estate agent etc.
If they are going to go this route as loans are seens as too risky, let’s just finish the job and SHUT FHA down.
Now, me as a lender? Ooooh, THAT would make me money…