Author Topic: Fannie Mae Eases Credit To Aid Mortgage Lending  (Read 184 times)

Offline Kaw1000

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Fannie Mae Eases Credit To Aid Mortgage Lending
« on: September 26, 2008, 01:39:30 PM »
Look at the year on this article...and who was president in that year???

http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260&sec=&spon=&pagewanted=all
See Rule# 5 on just about every thread!

Offline MoeRon

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Re: Fannie Mae Eases Credit To Aid Mortgage Lending
« Reply #1 on: September 26, 2008, 01:46:56 PM »
Lotteries are a tax for people who suck at math.

Offline Nefarious

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Re: Fannie Mae Eases Credit To Aid Mortgage Lending
« Reply #2 on: September 26, 2008, 02:37:12 PM »
Quote
''From the perspective of many people, including me, this is another thrift industry growing up around us,'' said Peter Wallison a resident fellow at the American Enterprise Institute. ''If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry.''

They should have listened to this guy.
There must also be a flyable computer available for Nefarious to do FSO. So he doesn't keep talking about it for eight and a half hours on Friday night!

Offline john9001

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Re: Fannie Mae Eases Credit To Aid Mortgage Lending
« Reply #3 on: September 26, 2008, 04:23:26 PM »
"The change in policy also comes at the same time that HUD is investigating allegations of racial discrimination in the automated underwriting systems used by Fannie Mae and Freddie Mac to determine the credit-worthiness of credit applicants."

ahh , yeah ok ,  :O