HUD is reviving the worst elements of the 2008 housing crash, disguising it as “equitable housing.” 100% LTV loans with 580 credit scores ensure a wave of defaults the moment prices dip. The government isn’t helping buyers—it’s keeping the bubble alive at taxpayer expense.
HOLY FUCK, HUD will find first time homebuyer down payment assistance so subprime borrowers don’t even have to put down 3.5%.
100% LTV loans at 580 credit
— Darth Powell (@VladTheInflator) March 13, 2025
Scott, when does the taxpayer stop covering mortgage payments? pic.twitter.com/8Z6h8UNCZP https://t.co/6if4gHyNVD
— Darth Powell (@VladTheInflator) March 13, 2025