NewDay USA...have you seen the commercial?

[LuckyCharms]

It sounds like it is a mortgage company that allows veterans to take a mortgage out on 100% of the value of their home.

If that is indeed what it is, how can this be a good thing from the borrowers point of view since it puts them at risk for absorbing the full impact of a housing market slump?

[democratisphere]

1. Give US your home, and will give you a loan.

Run for the hills. Don't let a pretty red head or a retired rear admiral bamboozle you. We are going back to the bad old days of people losing their homes for loans. Just saw another ad saying your home is your bank.