- This topic has 170 replies, 17 voices, and was last updated 15 years, 6 months ago by Kilohana.
-
AuthorPosts
-
October 11, 2008 at 7:31 PM #286290October 11, 2008 at 7:40 PM #285958patientrenterParticipant
The 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 #286251patientrenterParticipantThe 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 #286272patientrenterParticipantThe 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 #286295patientrenterParticipantThe 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 #286300patientrenterParticipantThe 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 #285968HereWeGoParticipantFNM 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 #286261HereWeGoParticipantFNM 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 #286282HereWeGoParticipantFNM 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 #286304HereWeGoParticipantFNM 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 #286310HereWeGoParticipantFNM 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 #285978jpinpbParticipantLeast 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 #286271jpinpbParticipantLeast 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 #286291jpinpbParticipantLeast 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 #286314jpinpbParticipantLeast 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.
-
AuthorPosts
- You must be logged in to reply to this topic.