Seller concessions have been around for a very long time. I'd suggest HUD go back and look at default rates from the entire period before 2008. The current levels of seller concessions were in place and defaults were minimal. This would simply be one more impediment to getting the housing market ...
Darin, your thoughts are right on track on this topic. It's also no coincidence that the 1% don't begrudge others success. They like it when others join the group and will usually offer advice and even help to those truly trying to make it.
Seller concessions have been around for a very long time. I'd suggest HUD go back and look at default rates from the entire period before 2008. The current levels of seller concessions were in place and defaults were minimal. This would simply be one more impediment to getting the housing market ...