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Trump Considering Plan To Make Mortgages Transferrable To New Home
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Date: November 12th, 2025 3:25 PM Author: ...,,..;...,,..,..,...,,,;.., Open Source Intel @Osint613 · 2h The Trump administration is exploring a plan to make mortgages transferable, letting homeowners keep their existing loan terms, rates, and lenders when buying a new house. |
Date: November 12th, 2025 3:25 PM Author: ...,,..;...,,..,..,...,,,;.., how does this work? people who want to upgrade are still gonna be screwed. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423759) |
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Date: November 12th, 2025 3:44 PM Author: chill bro how? (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423849) |
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Date: November 12th, 2025 3:45 PM Author: ...,,..;...,,..,..,...,,,;.., (liz warren) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423850) |
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Date: November 12th, 2025 3:28 PM Author: ''"'''"""' great idea MAGA shitheads. That way boomers can move and have a competitive edge on new homeowners, driving up home prices further. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423771) |
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Date: November 12th, 2025 3:29 PM Author: .,...,..,,,.,:,,.,.,.,:::,,..,:,.,,:..:.,:.::,. lmao at assuming these maga-morons have any sign of intelligence. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423778) |
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Date: November 12th, 2025 3:29 PM Author: ''"'''"""' fair (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423781) |
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Date: November 12th, 2025 3:29 PM Author: OYT Magnus ( ) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423782) |
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Date: November 12th, 2025 3:35 PM Author: LathamTouchedMe I think the theory is that old boomers would move and downsize from houses that are meant for families. So condos and retirement community prices stay high but maybe there's more inventory for regular single-family homes. I don't know if the banks would like it or go along with it. I don't see too much incentive for them. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423803) |
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Date: November 12th, 2025 3:36 PM Author: we are definitely claiming fraud trumpmos (oppose israel bois) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423813) |
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Date: November 12th, 2025 7:56 PM Author: Candy Ride Boomers don't have mortgages. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424636) |
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Date: November 12th, 2025 7:59 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. Boomers? I'm Gen Y and have a sub 3%, as does everyone who bought 4-5 years ago and wasn't a moron. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424658) |
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Date: November 12th, 2025 3:34 PM Author: AZNgirl Raping Taj Mahal because it's White so basically ppl who were lucky to buy when rates were 2% will have 2% for the rest of their lives while those who bought later will have 6% for rest of lives unless rates go down which is never assured? sounds like great plan (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423802) |
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Date: November 12th, 2025 3:36 PM Author: we are definitely claiming fraud trumpmos (oppose israel bois) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423814) |
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Date: November 12th, 2025 3:38 PM Author: WWED: What Would Emilio Do? (gunneratttt) what's a better option stupid? lower rates to 2% again so kikes can kike out of control even harder?
yeah, letting people transfer loans instead of having to (((refinance))) at higher rates is a win. |
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Date: November 12th, 2025 3:44 PM Author: AZNgirl Raping Taj Mahal because it's White Why not just cap rates like Hitler did and reduce loan amount 25% for each kid a married couple has like Hitler did (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423847) |
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Date: November 12th, 2025 3:53 PM Author: WWED: What Would Emilio Do? (gunneratttt) i think giving poors with 8 kids from 8 fathers generous SNAP benefits is more than enough and we don't need to give them free homes on top of it. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423885) |
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Date: November 12th, 2025 4:06 PM Author: AZNgirl Raping Taj Mahal because it's White (Kike still MAF at Hitler) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423898) |
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Date: November 12th, 2025 5:11 PM Author: theranchman if you want a new house, you pay the current rate
housing is way fucking overpriced cuz of handout shit like this |
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Date: November 12th, 2025 5:18 PM Author: sealclubber correct. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424064) |
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Date: November 12th, 2025 8:03 PM Author: Kenneth Play yes, and new mortgagors pay extra to compensate the bank for taking on additional risk going forward (because if this new rule happens, no one would ever terminate a mortgage with a below market interest rate like they do occasionally today) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424690) |
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Date: November 12th, 2025 3:36 PM Author: we are definitely claiming fraud trumpmos (oppose israel bois) I thought this was flame. This administration is fucking retarded. Dems need to impeach his ass 5 more times so he's too busy to think up shit like this. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423811) |
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Date: November 12th, 2025 3:36 PM Author: WWED: What Would Emilio Do? (gunneratttt) FHA loans are transferrable. it's retarded that these are but no others. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423817) |
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Date: November 12th, 2025 3:37 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423819) |
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Date: November 12th, 2025 3:38 PM Author: UhOh free market capitalism wins again! (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423827) |
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Date: November 12th, 2025 3:41 PM Author: chill bro TDS libs and blackpillers hate it already big surprise (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423838) |
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Date: November 12th, 2025 3:43 PM Author: WWED: What Would Emilio Do? (gunneratttt) they are kneejerk anti-trump everything even when it's policy they supported previously. there's great videos of people putting trump quotes under libs and libs enthusiastically agreeing. they are completely unthinking. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423840) |
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Date: November 12th, 2025 3:54 PM Author: Civil Attorney Lmao and MAGAs would *never* do that! (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423891) |
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Date: November 12th, 2025 4:16 PM Author: WWED: What Would Emilio Do? (gunneratttt) there are retarded trumpmos too but one only needs to look at xoxo (a haven for retarded trumpmos) to see which camp is more prevalent. even here, is there anyone that comes close to your manic blind partisanship? there's no trumpmo analog to obeezy spamming 24/7 even here. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423914) |
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Date: November 12th, 2025 4:11 PM Author: chill bro there's a fair # of people who can't / won't move because they'd lose their 3% (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423904) |
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Date: November 12th, 2025 3:52 PM Author: Diamond Dallas Trump I don't see how they can rewrite private contracts and force a lender to change the collateral on a loan. if it's just something that affects new mortgages going forward or govt mortgages OK. I don't see the point though. It is just a wealth transfer from newer buyers who don't have a mortgage yet to older buyers who have a low rate locked in. Assuming this did take effect across the board, lenders would raise rates on new mortgages to compensate. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423878) |
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Date: November 12th, 2025 4:09 PM Author: WWED: What Would Emilio Do? (gunneratttt) rates are still pretty low historically. people buying a house today would like to have the ability transfer if rates go up.
i doubt this would materially raise the rate of new mortgages. mortgages are already originated anticipating the possibility of prepayment if a buyer refinances when rates go down. transferability would only hurt the banking system by not originating as many loans, but it wouldn't significantly change the calculus on individual originations. the banks themselves transfer loans frequently. why would a bank care if your loan was on house X instead of house Y so long as the collateral was still sufficient? |
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Date: November 12th, 2025 4:41 PM Author: Diamond Dallas Trump it's trading collateral that the bank already did an assessment on and determined it was sufficient for collateral the bank has not assessed in any way. the bank is also doing an assessment of the creditworthiness of the borrower at the time of origination. reducing the total number of these assessments would have to increase rates in some way. it's transforming a loan tied to a specific asset into an unrevocable line of credit tied to a borrower and I think the latter should be more expensive. As you say, mortgages already factor in the risk of prepayments, but now they have to factor in the risk of the transaction going the other way too. So whatever effect prepayment has on rates, you can probably double it. And if this reduces originations and makes banks overall less profitable, they will raise rates. You are acting as if their operating expenses are all variable costs that scale 1:1 with mortgages originated, but they have fixed costs too.
I am not saying this will make mortgage rates skyrocket, but the directional effect on rates is clear and it will help older, wealthier buyers while hurting newer, poorer homebuyers. |
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Date: November 12th, 2025 4:48 PM Author: WWED: What Would Emilio Do? (gunneratttt) transferrable mortgages require, of course, an appraisal on the property you're seeking to transfer it to. i don't think anyone anticipates that it would function that way. that's not how it functions today. obviously being able to freely transfer a mortgage to any collateral would be a disaster. just do buy a mansion and transfer it to trailer. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423997) |
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Date: November 12th, 2025 4:56 PM Author: LathamTouchedMe Yeah but he’s right that you’re adding more potential underwriting work and more possible variables when you fund a transferable mortgage. That probably makes it more expensive. I don’t know how the admin would make it apply to current mortgages. Ban nontransferability? (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424013) |
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Date: November 12th, 2025 5:02 PM Author: WWED: What Would Emilio Do? (gunneratttt) the cost of underwriting is already borne by the noteholder in existing transferrable mortgages. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424022) |
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Date: November 12th, 2025 4:59 PM Author: ...,,..;...,,..,..,...,,,;.., how's this work if you're upgrading houses? i assume you can't get a greater loan amount at 2%.
so for even the lucky youngs who bought starter houses on 2% mortgages and are trapped in their starter houses, they're fucked if they wanna upgrade.
this is really gonna favor boomers |
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Date: November 12th, 2025 5:03 PM Author: WWED: What Would Emilio Do? (gunneratttt) you get a second mortgage at current rates.
how would this favor boomers? |
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Date: November 12th, 2025 5:04 PM Author: ...,,..;...,,..,..,...,,,;.., it favors boomers because they have less of a need to upgrade in price b/c they're downsizing.
they dont have to worry about getting a second mortgage at 6% rates.
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Date: November 12th, 2025 5:07 PM Author: WWED: What Would Emilio Do? (gunneratttt) so instead of boomers being locked into large homes as empty nesters this would free up the market for properties that were designed for families? getting boomers to downgrade would be a boon for younger people. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424035) |
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Date: November 12th, 2025 5:10 PM Author: ...,,..;...,,..,..,...,,,;.., if boomers are able to cheaply downgrade, PE groups will find a way to buy their houses depriving young ppl of buying them (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424043) |
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Date: November 12th, 2025 5:16 PM Author: WWED: What Would Emilio Do? (gunneratttt) this is retarded. a boomer isn't downgrading because they're locked into a premium rate on a mansion anyway but i didn't want to fight your premises. now your theory about how this would benefit boomers involves PE boogeymen buying up mansions. boomers are the least likely to be hamstrung by a locked in rate. and they're already booming out of control taking out equity lines at current rates to go to margariataville. they're not interested in downgrading, and if this persuaded some them to do so, that would be great news for people in the market for their homes. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424059) |
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Date: November 12th, 2025 5:15 PM Author: theranchman theyre "locked in" because they received mispriced, windfall rates when they purchased. are you totally unaware of SVB (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424054) |
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Date: November 12th, 2025 5:16 PM Author: LathamTouchedMe yep, that's the theory. I think it wouldn't have an impact because we have an overall supply problem not just some market mismatching. It's not like condos and retirement communities are struggling to attract boomers. Those places have waiting lists. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424058) |
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Date: November 12th, 2025 5:23 PM Author: sealclubber we are finally going the correct direction with demand by getting rid of and more importantly keeping out illegal aliens
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Date: November 12th, 2025 5:22 PM Author: sealclubber it will raise prices because it brings in new buyers and these new buyers have money |
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Date: November 12th, 2025 5:42 PM Author: WWED: What Would Emilio Do? (gunneratttt) it's inherently zero sum retard -- there would be an equal number of sellers if we're talking about transferring mortgages. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424137) |
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Date: November 12th, 2025 4:08 PM Author: richard clock LFGGGGGGGGGGG 2.75% 4 LYFE (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423899) |
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Date: November 12th, 2025 4:43 PM Author: fulano lol gen x is a bunch of underripe boomers (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423983) |
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Date: November 12th, 2025 5:16 PM Author: theranchman (old person) (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424056) |
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Date: November 12th, 2025 5:19 PM Author: richard clock pretty sure we're all old persons here, we havent had registration open in 10 years (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424065) |
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Date: November 12th, 2025 4:16 PM Author: AZNgirl Raping Taj Mahal because it's White when will amerishits give up this stupid fasination with "owning" a home. in germany ppl just rent
the only reason this shit even works in the US is cause of mortgage interest deduction and then cap gains exemption upon sale
otherwise its not even clear it wld be financially better than renting, so its massively subsisdized thru the tax system
and this shit drives up prices, u shld actually get rid of these tax benefits if u want to reduce prices |
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Date: November 12th, 2025 5:12 PM Author: .;:..;:.;.:.;.,,,..,.:,.;....;,;;;..;,..,,.,,...., Germany is definitely the model country (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424046) |
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Date: November 12th, 2025 4:18 PM Author: Yes those are real demons in your head i really need to get tf out of this satanic as shit country asap (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49423916) |
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Date: November 12th, 2025 5:11 PM Author: theranchman totally cool and not a boomer handout that the fed reserve will source your loan at a cheaper rate if u were born earlier (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424045) |
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Date: November 12th, 2025 5:24 PM Author: chill bro how would this be a "boomer handout" they aren't "locked in" at 3% or anything below 6 really (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424081) |
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Date: November 12th, 2025 5:29 PM Author: .,.,,...,...,..,....,...,...,... Is the only purpose of this rule to prevent the "lock in" effect? If so, it seems like it would be much easier to simply allow people to pay off mortgages for less than face value if rates go down. For example, I currently owe about $150k on my 2% mortgage with about 10 years remaining. A bond price calculator tells me that my mortgage would trade for about $105k on the bond market, since the coupon (i.e., interest payment) on my mortgage is less than the current market rate. That's already the way it works in Denmark (one of the few countries other than the U.S. where fixed-rate mortgages are the norm). And banks would probably welcome this change, because it would allow them to reallocate the money tied up in my low-interest mortgage to a new mortgage at the current market rate. That would also solve the lock-in problem while avoiding the administrative hassle of underwriting new properties. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424105) |
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Date: November 12th, 2025 5:42 PM Author: .,.,.;.,..,..,.,:.,:,..,..,::,..,:,.,.:,..:.,:.:, we definitely need more handouts to people who already own homes. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424136) |
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Date: November 12th, 2025 6:16 PM Author: Civil Attorney Is it “strongly being looked at”?
Should we “wait two weeks”?
Are “many people saying this”? |
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Date: November 12th, 2025 6:17 PM Author: ........,,,,,,......,.,.,.,,,,,,,,,, I've proposed this before - I think xoxo is being short sighted on the difficulty and the benefits
1. It's not that hard. Almost all this debt is securitized. Just write a rule that the servicers/trustees can substitute out collateral upon certain paramaters and payment of like a $5,000 fee. Commercial loans already often permit this occasionally.
2. It'd be much easier on a residential loan. People stomping their feet about "diligence" really are missing (i) the new property will be subject to the same federal underwriting standards and subject to teh same "diligence" and (ii) that "diligence" is really just looking at the number on the appraisal. If you made the borrower pay $5,000 if transfer fees, taht would more than cover everything.
3. This is a "give" to people with low mortgages, but you're getting a win here in that they're selling their house and providing liquidity into the market. It's important to remember that these people don't have to sell the starter homes they bought at 2.8% interest. They can either continue to live in them, or just keep them as rentals.
The Trump administration is looking into this because the housing market is broken after handing out 3% mortgages to everyone and then jacking it up to 8%. Some of that is mitigated by rates going down to 6% - but things aren't improving. This will be the slowest year in terms of housing in 30 years, and the median buyer is literally 40.
It's not helping anyone that people are sitting in these homes where essentially they're payment would double if they moved into the exact same house next door. |
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Date: November 12th, 2025 7:58 PM Author: Candy Ride Unconstitutional. Violates the contract clause by taking your lender's security retroactively. (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424651) |
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Date: November 12th, 2025 8:05 PM Author: Kenneth Play seems right to me, it would need to apply to new mortgages only (http://www.autoadmit.com/thread.php?thread_id=5796831&forum_id=2],#49424701) |