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Thread: Politics, shaky economy create no rush to restructure Fannie and Freddie

  1. #21
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    Re: Politics, shaky economy create no rush to restructure Fannie and Freddie

    Quote Originally Posted by The Prof View Post
    for such suicidal practices to be implemented on such a massive scale at so institutional a level nation wide requires more than mere stupidity to explain
    Could provide the source to prove that Fanny and Freddy were mandated by the government give home loans to "people who don't qualify, can't pay it back, have no income, are depending on refinancing to meet adjustables and balloons, rely on negative amortizations, and are, in essence, the definition of BAD RISKS"?
    I'd like to examine the evidence of this being institutionalized by the government.

  2. #22
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    Re: Politics, shaky economy create no rush to restructure Fannie and Freddie

    never said they were mandated, i'm too smart

    google yourself

  3. #23
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    Re: Politics, shaky economy create no rush to restructure Fannie and Freddie

    Quote Originally Posted by The Prof View Post
    never said they were mandated, i'm too smart

    google yourself
    IOW, you're just ranting and spouting off and then when pressed you duck and run. Got it.

  4. #24
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    Re: Politics, shaky economy create no rush to restructure Fannie and Freddie

    it is what it is and has nothing to do with me (except, it appears, in your mind)

    we're looking at a total collapse imminently because the poisonous practices employed by the previous president have been adopted by the present

    and to a much increased degree

    read the links

    sorry

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