- This topic has 170 replies, 17 voices, and was last updated 16 years, 4 months ago by
Kilohana.
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October 11, 2008 at 7:31 PM #286290October 11, 2008 at 7:40 PM #285958
patientrenter
ParticipantThe NAR, mortgage brokers, and others had many Republicans in their ranks who wanted the Fannie and Freddie party never to stop. But Freddie and Fannie are the Democrats’ babies. Both parties are fully to blame for what happened. So are the borrowers and the intermediaries (like the mtg brokers and inv bankers and rating agencies etc.)
October 11, 2008 at 7:40 PM #286251patientrenter
ParticipantThe NAR, mortgage brokers, and others had many Republicans in their ranks who wanted the Fannie and Freddie party never to stop. But Freddie and Fannie are the Democrats’ babies. Both parties are fully to blame for what happened. So are the borrowers and the intermediaries (like the mtg brokers and inv bankers and rating agencies etc.)
October 11, 2008 at 7:40 PM #286272patientrenter
ParticipantThe NAR, mortgage brokers, and others had many Republicans in their ranks who wanted the Fannie and Freddie party never to stop. But Freddie and Fannie are the Democrats’ babies. Both parties are fully to blame for what happened. So are the borrowers and the intermediaries (like the mtg brokers and inv bankers and rating agencies etc.)
October 11, 2008 at 7:40 PM #286295patientrenter
ParticipantThe NAR, mortgage brokers, and others had many Republicans in their ranks who wanted the Fannie and Freddie party never to stop. But Freddie and Fannie are the Democrats’ babies. Both parties are fully to blame for what happened. So are the borrowers and the intermediaries (like the mtg brokers and inv bankers and rating agencies etc.)
October 11, 2008 at 7:40 PM #286300patientrenter
ParticipantThe NAR, mortgage brokers, and others had many Republicans in their ranks who wanted the Fannie and Freddie party never to stop. But Freddie and Fannie are the Democrats’ babies. Both parties are fully to blame for what happened. So are the borrowers and the intermediaries (like the mtg brokers and inv bankers and rating agencies etc.)
October 11, 2008 at 7:43 PM #285968HereWeGo
ParticipantFNM and FRM were as much victims as perpetrators. The great majority of the bad paper out there does not involve FNM or FRM.
October 11, 2008 at 7:43 PM #286261HereWeGo
ParticipantFNM and FRM were as much victims as perpetrators. The great majority of the bad paper out there does not involve FNM or FRM.
October 11, 2008 at 7:43 PM #286282HereWeGo
ParticipantFNM and FRM were as much victims as perpetrators. The great majority of the bad paper out there does not involve FNM or FRM.
October 11, 2008 at 7:43 PM #286304HereWeGo
ParticipantFNM and FRM were as much victims as perpetrators. The great majority of the bad paper out there does not involve FNM or FRM.
October 11, 2008 at 7:43 PM #286310HereWeGo
ParticipantFNM and FRM were as much victims as perpetrators. The great majority of the bad paper out there does not involve FNM or FRM.
October 11, 2008 at 7:49 PM #285978jpinpb
ParticipantLeast we conveniently forget all the other banks and lending institutions that played a part in this whole meltdown, not to mention AIG.
I think Clinton’s original intent was that there be no discrimination in lending w/regard to Fannie and Freddie. It spiraled from there. The road to hell is paved w/good intentions.
So what excuse is there for all the other banks? You know, the ones basking in their wealth.
October 11, 2008 at 7:49 PM #286271jpinpb
ParticipantLeast we conveniently forget all the other banks and lending institutions that played a part in this whole meltdown, not to mention AIG.
I think Clinton’s original intent was that there be no discrimination in lending w/regard to Fannie and Freddie. It spiraled from there. The road to hell is paved w/good intentions.
So what excuse is there for all the other banks? You know, the ones basking in their wealth.
October 11, 2008 at 7:49 PM #286291jpinpb
ParticipantLeast we conveniently forget all the other banks and lending institutions that played a part in this whole meltdown, not to mention AIG.
I think Clinton’s original intent was that there be no discrimination in lending w/regard to Fannie and Freddie. It spiraled from there. The road to hell is paved w/good intentions.
So what excuse is there for all the other banks? You know, the ones basking in their wealth.
October 11, 2008 at 7:49 PM #286314jpinpb
ParticipantLeast we conveniently forget all the other banks and lending institutions that played a part in this whole meltdown, not to mention AIG.
I think Clinton’s original intent was that there be no discrimination in lending w/regard to Fannie and Freddie. It spiraled from there. The road to hell is paved w/good intentions.
So what excuse is there for all the other banks? You know, the ones basking in their wealth.
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