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Title: Biden To Punish Good-Credit Homebuyers To Subsidize High-Risk Mortgages
Source: [None]
URL Source: https://www.zerohedge.com/personal- ... -subsidize-high-risk-mortgages
Published: Apr 19, 2023
Author: Tyler Durden
Post Date: 2023-04-19 20:53:12 by Horse
Keywords: None
Views: 244
Comments: 2

A new rule from the Biden administration will force homebuyers with good credit scores to pay higher mortgage rates in order to subsidize loans to those with riskier borrowing profiles, the Washington Times reports.

Poster Comment:

What we need is another subprime mortgage collapse?

Post Comment   Private Reply   Ignore Thread  

#1. To: Horse (#0)

My daughter told me yesterday that her mortgage payment was going up about $250 a month. (They're already struggling.) Something to do with escrow and insurance. Right after that I watched the following video where this guy is relaying this latest bankster travesty and is also saying insurance rates are going up as well to subsidize homeowners with lower scores, the goal being for when it all collapses for the bankers to own all the houses. BlackRock, he says, is using people's 401K's for this purpose.

"You Have Until May 1st".

Streamed live on Apr 17, 2023 News Mortgage rates and real estate deals are about to change big time as loan level price adjustments ( LLPA ). llpa changes take affect May 1st and will affect the mortgage fees you pay based on your FICO score and your down payment. This will drasticly change the housing market as higher risk borrowers will be able to pay less for a new home.

www.youtube.com/watch?v=9uZOse9TnCE

It all reminds me of this:

Think YOU and YOUR PROPERTY

are safe?

READ THIS.

"Capital must protect itself in every way, through combination and through legislation. Debts must be collected and loans and mortgages foreclosed as soon as possible. When through a process of law the common people have lost their homes, they will be more tractable and more easily governed by the strong arm of the law, applied by the central power of wealth, under control of leading financiers. People without homes will not quarrel with their leaders. This is well known among our principal men now engaged in forming an imperialism of capital to govern the world. By dividing the people we can get them to expand their energies in fighting over questions of no importance to us except as teachers of the common herd. Thus by discreet action we can secure for ourselves what has been generally planned and successfully accomplished."

The above was printed from the "Banker's Manifest", for the private circulation among leading bankers only, taken from the "Civil Servants' Year Book, "The Organizer" of January, 1934.

The Banker's Manifesto ties in with U.S. Senate Document No. 43, 73rd Congress, 1st Session (1934), to wit:

"The ultimate ownership of all property is in the State; individual so-called "ownership" is only by virtue of Government, i.e., law, amounting to mere "user" and use must be in acceptance with law and subordinate to the necessities of the State."

Remember, it's not a question of "if" the economy will collapse, but "when". And if they can't "steal" your property with the above described scheme, they will take it via sequestration by "conservation easements" and expropriate it to international organizations, corporations and associations at "the extinction of the State" through "concessional" lending. That is what the ESA (Endangered Species Act of 1973), the UNEP (United Nations Environment Programme), UNDP (United Nations Development Programme), and the treaty entitled the "Convention On Biological Diversity" and the benign sounding phrase, "Sustainable Development" are all about. And this includes Governor Locke's "Washington Wild Salmonid Restoration" plans.

Already we are witnessing the strings working the puppets , like King County Executive Sims talking about raising building permit fees by five percent to "save the salmon." There is an old maxim of law: "deceivers deal in generalities". We are only seeing the "tip" of the iceberg.

The "plan" is to control all resources, human and natural. The control is not by elected public officials, but by a self-appointed oligarchy...

www.usavsus.info/US-PropertyInState.htm

You'll own nothing and be happy.

We need someone to throw the moneychangers and their accomplices in CorpUSA out of the Temple.

"...as long as there..remain active enemies of the Christian church, we may hope to become Master of the World...the future Jewish King will never reign in the world before Christianity is overthrown - B'nai B'rith speech http://www.biblebelievers.org.au/luther.htm / http://bible.cc/psalms/83-4.htm

AllTheKings'HorsesWontDoIt  posted on  2023-04-20   1:43:58 ET  Reply   Trace   Private Reply  

I won't hold my breath because with modern technology giving rulers instant knowledge it is probably not possible. However, perhaps in the next 50 years there is a 0.01% chance of a French style revolution.

DWornock  posted on  2023-04-20   1:56:26 ET  Reply   Trace   Private Reply  

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