I'm so excited, I'm about to pee in my pants. The POTUS is going to roll back is these banking regulations. That's great news.
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Bank stocks are going to shoot higher
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Fannie Mae and Freddie Mac shareholders will hopefully soon get to keep the dividends instead of paying it to the government
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Lending standards are going to get relaxed, and the stupid people that otherwise can't qualify for loans in this country can once again borrow money to over pay for a house they can't really afford, with a loan they don't understand and can't afford over the long period of time.
I sold one of my rentals way too early. I should have waited until this new push to remove banking regulation, so that the stupid people in this country could pay even more for a house...Though I'm not complaining...The moron that bought the rental I just sold paid $325k. I paid $145k back in 2011, because the previously moron refinanced his once 30 year fixed loan into a 5/1 ARM loan and on top of that, took out a HELOC with no rate ceiling, subsequently had to short sell the home when he could no longer make the payments.... God, I can't wait for this cycle to repeat....
I'm telling you, stop complaining about Trump. We are living in great times. Stupid people can once again make stupid decisions. And there are A LOT of stupid people in this country. You can emerge from all this stupidity significantly better off at their expense.
Don't get mad, get even..And profit from it!