Regarding the real truth.....The FHA change Trump undid:
1) Was implemented two days before by Obama to make himself look good and was not a fiscally responsible move.
2) It did not affect anyone who has a mortgage now.
3) FHA loans are not just for low and middle class. Unless you consider a home loan of $625,000 low and middle class.
4) I have done FHA loans for borrowers with incomes over $500,000, not what I consider middle class.
Like you said we need to know the "real truth". Not just repeating what some uninformed news source reports. I been in the mortgage business for 42 years, I know the truth.
Regards
Wayne
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