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Shell game. FHA gets tough, pressure is on to KEEP Fannie and Freddie.
1 posted on 08/13/2013 10:39:05 AM PDT by whitedog57
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To: whitedog57

so wait... the government will do ‘redlining’???

I thought they made that illegal~! (you know, you just can’t check out a credit rating and ability to pay- that’s just WRONG!)

If the government does this, then they have to GIVE BACK all the money that Andrew Cuomo sued the banks for (and won) for doing that exact same thing

Clinton and Cuomo kicked off the whole housing fiasco by suing banks that would not loan to derilicts, and guaranteeing the loans if they did- making it a win-win for banks if they did and lose-lose if they didn’t.


2 posted on 08/13/2013 10:43:20 AM PDT by Mr. K (Lies, Damned Lies, and Statistics, and then Democrat Talking Points.)
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