Wednesday, July 11, 2012

Odd ad item that predicts FHA tightening

An email list for real estate people just sent out a marketing plea from a direct-mail service. Here's the interesting part:
CNN Money reported that FHA delinquencies are on the rise and may affect future guidelines.... ...Now is the time to diversify. [We] can help you get away from FHA and into selling other loan products. Or we can help you get as many FHA borrowers refinanced as possible before the bubble bursts! We target owners who already qualify for Conventional – FHA - VA – HARP – Reverse.... we can put you in touch with these pre-qualified prospects...
Huh. This is the CNN article they're talking about.

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