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<blockquote data-quote="The Other Side" data-source="post: 908858" data-attributes="member: 17969"><p>What about President Truman?</p><p></p><p>He created the FHA to insure more loans to more people including the poor through mortgage insurance. In 1937 the FHA was created and within a year was insuring 40% of the loans in the country. The goal? Increased home buying. Lower downpayments, longer terms, lower payments.</p><p></p><p>Maybe its his fault more?</p><p></p><p>Peace.</p></blockquote><p></p>
[QUOTE="The Other Side, post: 908858, member: 17969"] What about President Truman? He created the FHA to insure more loans to more people including the poor through mortgage insurance. In 1937 the FHA was created and within a year was insuring 40% of the loans in the country. The goal? Increased home buying. Lower downpayments, longer terms, lower payments. Maybe its his fault more? Peace. [/QUOTE]
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