” - - - But the Corker-Warner legislation contains … affordable housing goals, the same torpedo that sank Fannie Mae and Freddie Mac. - - - “
Bad Senate RINO alert!
when you consider that with interst on a 30 year mortgage, the “planners” assume a “respectable” amount of housing-bubble (price inflation) is needed, lest people realize that without it they may never recover the full cost of what they paid - principal and interest; artificially ginning up demand gins up income and revenue for mortgages, and the rate of that ginning up demand creates price-bubbles to help make it possible to sell for more than what the 30yr mortgage - principal and interest cost and thus sustains the business model of those profiting from the mortgages (without telling the buyers their inflaed dollars the Fed has helped finance the whole thing with do not buy what their dollar bought when they started the mortgage - but telling them that would only make them aware that with inflation they were still getting screwed) No?