‘SOCIALISM FOR HOMEOWNERS’: Biden set to punish owners with good credit



FOX Business’ Maria Bartiromo, Former Chrysler Chairman and CEO Bob Nardelli, The Washington Examiner editor Kaylee McGhee White and Strategic Wealth Partners CEO Mark Tepper discuss the Biden administration’s plan to redistribute high-risk loan costs to homeowners with good credit.

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27 comments

  1. This is his student loan repayment in a different form. Someone needs to challenge this in court. This is completely unconstitutional!! Does biden do ANYTHING that doesn't completely trample all over American's rights?? Biden thinks he's a dictator in charge of a 3rd world country.

  2. Democrats are the people's enemy

  3. How many % of American understands : What's different between Democrat & Socialism?

  4. Keep voting Democrat and this is what you get

  5. Ya, we seen it before when Financial Institutions that did not know what they were doing were bailed out and top Directors could still get huge bonuses. Socialism for the rich and rugged individualism for the rest.

  6. Let’s really up a protest like they’re doing in France any one with me

  7. This is all lies about no houses or land on the market! In NC houses are flying off the market faster than you can look at them! There are huge housing developments going up in every area of this state!

  8. Lol…I can’t….🙄🤥😴
    The World is the Stage. 🧬 ☢️🤴🏿👨🏿‍⚖️ 👰🏾‍♀️ 🌈🔋Strong. Delusion. ⚜️🌈🧬

  9. 18% on a way smaller home price

  10. Not building new houses? Great! Stop destroying the environment! Deport all the illegals, and we won't need so many homes!

  11. This is great news! I'm a homeless murderer without a job living on the streets of California. Hopefully soon enough I'll be able to get working people to pay for my mansion and I won't have to do anything to earn it! I love the Democrat party! Woooha!!!

  12. Avoid debt. It is slavery. And the illegitimate communists will change the rules as they please to bleed you even more.

  13. Joe Biden's shenanigan rule means if you had worked hand and studied hard to get an A grade in class, then he lowers your high score of an A down to a B grade, because he just gave away a portion of your merit achievement to the slackers whose scores get elevated from an F grade up to a D. That is really unfair.

  14. Who believes anything Fox News says? If you believe it, shame on you for being fooled every time you turn on the TV.

  15. Bumbling Biden is a FOOL.

  16. Dr jamango lady lake fl

  17. typical democrats, force the good people to pay for the lazy poor people.

  18. People will accept it, the system is in place and people are cool with it

  19. People… as a republican leaning mortgage loan officer, I can tell you this is extremely misleading. They have simply made it so people with less than excellent credit are not getting hammered as hard on their terms on conforming loans. Those with good credit are not being punished or paying more, it’s just people with lower credit are not having to pay as much as before (there was no point in going conforming before compared to FHA). Too many of these articles & broadcasts are comparing apples to oranges to get people fired up. This is more about a housing affordability push and Fannie Mae and Freddie Mac increasing competition and trying to gain market share against FHA originations than it is socialism. Some of the comments here are so inaccurate it’s mind blowing.

  20. Democrats punish those who do the right things in life and reward those who refuse to be grownups. A politician with a D will NEVER GET MY VOTE AGAIN!

  21. Socialism. LOL!!!! Fox is full of reidtards

  22. I’m guessing that eventually Trump will be blamed for this somehow

  23. This is borderline criminal. Something needs to be done. I didn't work my whole life to have good credit to be screwed over to subsidize someone else with poor life choices.