It's another prime example of the government trying to run things, but ends up ruining it for the average person.

The US federal government is the monopoly supplier of the US Dollar.

From Realtors, attorneys, banks, trust companies, government, bankruptcy, insurance agents, stock brokers throwing notes my direction I never had to write letters and run to the court house....a completely different level of operations.

Colleges, especially college housing, are very skewed by financial support figures and cheap Government money.Additional housing in your area wouldn't hurt rents as much as it would decrease dorm occupancy.

The two big questions I had were 1)If this strategy catches on and the government closes the loophole of paying no taxes when borrowing against a life insurance policy then you are screwed and 2) You are committed to a set large payment that remains the same even if you lose a job or your circumstances change for the worse.

As a quasi government agency they can ask for verifications that you will never know about and at closing the borrower signs docs authorizing disclosures, lots of ways to check;Mailing address at post office, utility company, motor vehicle registration, insurance docs, bank account even your employer can report, credit cards, other debtors and more...And it's not just fannie and freddie, but any financial regulator can pull a compliance audit, state banking authorities, FDIC, CFPB, Comptroller of Currency....etc.What constitutes a residence?

The market is very soft and is largely held up by government intervention and hedge fund black boxes.

It probably because I have weathered the storms of bad investments, bad investment decisions, poor timing, stock market crashes, lack of experience, government taxation/regulation/corruption.

After watching that show "Jungle Gold", it looks like your country has issues with government, tribes, and Chinese workers.

The California Department of Real Estate (DRE) will become the Bureau of Real Estate under the Department of Consumer Affairs effective July 1, 2013Last year, the Governor introduced a wide-ranging government reorganization plan in order to improve efficiencies within state government.