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<blockquote>You can joke all you want and you will still be wrong. Someone made the comment about "banks won't give you money...", well that is the first mistake. They gave the money out a long time ago. Now they are trying to get it back. They do not care about your other creditors or your...

<blockquote>TRrenter, I didn't say it made sense.</blockquote> Not only does it not make sense it is impossible. Gross income is before they take out one deduction. DTI is based on gross income not net income. You are wrong, plain and simple. No way can they make a loan at 100% DTI

<blockquote>I?m not wrong. I know for an ironclad fact that the back-end can be 100%. I know it doesn?t make sense, but it is the truth. The balloon is not as bad as it sounds, we all pay back much more than principal over the life of the loan. It is the total that really counts (assuming...

<blockquote>"there are many cases where a 38 DTI just can?t be done" Let me fix this for you: there are no cases where a 38 DTI can?t be done.</blockquote> How can a 38% Back end DTI always be done? Is the "home debter allowed to default on all of their other loans.... This is clearly...

I had to do this. <img src="http://777denny.files.wordpress.com/2009/05/funny_face_what_did_you_say.jpg" alt="" />

The question was how many people in CA will qualify for this program. Then you told me I was wrong with what I posted. I posted two people I personally know that are 13 and 18 months behind with no action taken. They will not qualify for this.

<a href="http://www.businessinsider.com/henry-blodget-so-much-for-foreclosure-prevention-fannie-homesaver-re-default-rate-hits-70-2009-5">So Much For Foreclosure Prevention: Fannie "HomeSaver" Re-Default Rate Hits 70%</a> <a...

Test for Modifications. Answer no to one and you do not qualify. <blockquote>1. Is your home your primary residence? 2. Is the amount you owe on your first mortgage equal to or less than $729,750? 3. Are you having trouble paying your mortgage? 4. Did you get your current...