Fannie Mae Rolls Out Easy Mortgage, Catering To High-Risk Immigrants

Crusher

Former Staff
Aug 2011
28,353
9,250
Heaven Above
#3
Here we go again. The White House should stay out of this crap. The market will take care of itself if the Government will just get out of the way.
 
Likes: 1 person
Jan 2007
35,004
7,662
#4
Here we go again. The White House should stay out of this crap. The market will take care of itself if the Government will just get out of the way.
That huge mess in 2008 was the result of stupid stuff like this. Oh but this time it will work out ok. Subprime mortgages was the gasoline on the fire.
 
Likes: 1 person
May 2012
67,501
13,262
By the wall
#5
Bush tried to stop it but was blocked by Barney frank and Maxine waters. Would anyone like to see the video of frank saying there was no impending crisis after bush asked congress to open an investigation?
 
Likes: 2 people
Dec 2014
15,903
5,510
The Milky Way
#6
The sheer stupidity, but hey, immigrants must own a house regardless of their ability to pay off the mortgage. Same with 'minorities'. What could possibly go wrong. Wait ...........
 
Nov 2014
32,807
8,466
TN
#7
The crash of 2008 was not good enough for Fannie and Freddie... so I guess they want to try again.

Doing the same thing over and over and expecting a different result..


WORKING CLASS GET YOUR BAILOUT ACCOUNT REPLINISHED.
 
Dec 2014
15,903
5,510
The Milky Way
#8
Here we go again. The White House should stay out of this crap. The market will take care of itself if the Government will just get out of the way.

You didn't see that part of the Constitution authorizing meddling in housing markets? :topsy_turvy:
 

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