Thank you, soothsayer!

He actually gave intelligent, thoughtful, detailed answers. He didn't once call a reporter nasty or criticize their questions.

He's going to be like a breath of fresh air.

grant in used for a Down Payment and a FHA loan at 1% below market rate. And this should be open to all and I mean All low income people.

did Mortgage Loans during the last F---d up 2006-2008,this would put a stop to NO-Doc Loans,which btw,are back with a vengeance . Had a program such as I described been in place,persons who had a chance to put even 15 k as a downer,well they would not have had to fudge the appraisals and play rebate games knowing full well if the Market went south,they would be upside down from day one.

Saw Contractors and Developers play the fudged number games just to dump their Inventories and skip town before sundown.

Still would like to incentivize regular payments. It’s a good habit for first-time homeowners to get into.

in Minnesota we had first time buyer programs where Stipends with dollar values were applied at closing based on location of Properties. Certain Cities participated in this program in order to help prevent decay and blight. My Spouse and I took advantage of that program. We were able to sell our house to a couple that were first time buyers and use the script as a partial down payment on our next house which was in the same City but had more bedrooms. But,that program was screwed from day one by Wells Fargo(Norwest Bank) by their Red Lining and out right Discriminatory Lending Practices.

Do not recall the amount of discount we had to forgo in lieu of State and City Funds,but it was small as I recall.