Fat Check for FHA

FHA' s new fat check $ 30 million

HUD write’s itself a blank check on the backs of American Borrowers.

FHA is in the black, in fact they are profitable but they stuck

this thirty million dollar charge in 2015 and God knows 

how much in the future hidden in Senate Bill 2438.

The Senate never voted on the bill, there in the fine print is an 

okay to charge on your back what looks like a four percent surcharge. This is one fat check.

A mere forty dollars per one hundred thousand sounds small

 but not when you do the math. 

In three years it will be nearly a billion dollar bonus to all the 

management of the federal Housing Administration. 

They claim they need new software, but cough cough.

Don't worry, it will only make your mortgage cost more.

Call your Senator and put squash on big spending

for government jobs, unless of course you can 

grab one. 

Wouldn't we all like a starting salary of $155,500? 

Then pay yourself an unlimited bonus…

Full text of Senate Bill 2438 here https://www.congress.gov/bill/113th-congress/senate-bill/2438 

Caroline Gerardo

opinions are my own

Be Grateful

Condo For Sale Open House Dana Point

dana point condo for sale

Dana Point Condominium for sale $349,999.00
Open House November 8^th 2014 11:00 AM to 2:00 PM

25611 Quail Run Unit number 24 upstairs in back of complex facing the Creek and Ocean

Dana Point California 92629

Where can you find a bargain so close to the ocean?

Bike path and peek of ocean view.

Upstairs unit allows privacy and the feeling of being in the trees.

This clean unit is ready to move in. Owners have upgraded the kitchen with lovely butcher block counters. Sit on the balcony and enjoy your morning coffee.

Watch the birds head out to Doheny Beach and the sunrise behind them. Stroll to the park and Dana Point Community Center. Or take run on San Juan Creek trail down to historic Doheny Beach. Enjoy ocean breezes in the evening and relaxing lifestyle.

This unit makes a nice retreat as second home, could be great investor property that can be cash positive or first time homeowner.

There are two large bedrooms, and two contemporary

Gate code for added solitude.

Spinnaker Run is off Del Obispo Street and Alipaz