Aces High Bulletin Board

General Forums => The O' Club => Topic started by: Kaw1000 on September 26, 2008, 01:39:30 PM

Title: Fannie Mae Eases Credit To Aid Mortgage Lending
Post by: Kaw1000 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

Title: Re: Fannie Mae Eases Credit To Aid Mortgage Lending
Post by: MoeRon on September 26, 2008, 01:46:56 PM

Quote from: Kaw1000 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

Monica Lewinski   :rolleyes:

Title: Re: Fannie Mae Eases Credit To Aid Mortgage Lending
Post by: Nefarious 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.

Title: Re: Fannie Mae Eases Credit To Aid Mortgage Lending
Post by: john9001 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