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Wilson County News • 1012 C St • Floresville • TX • 78114 • Ph: 830-216-4519 • Fax: 830-393-3219 • Email:
Thursday, Apr 24, 2014
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The Marcelina Muse  
Dry Tank, TX  
July 20, 2011 3:06pm
 
How about a radical approach to mortgage lending. Require a down payment, at least 20%, good credit rating, verified income sufficient to service all debt, and mortgage payments of no more than 25% of the applicants net income, after deducting all other payments of more than 10 months duration. No government guaranty. This idea will give ol Barney Frank a massive coronary.
     
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