The last time “Feds look[ed] to increase home ownership” we had the junk mortgage crisis of 2008.
It’s astonishing.
And one of the main players I feel sure is involved here again (Maxine Waters) was a key figure before.
There are videos out there with her and Barney Frank as far back as 2003 talking about how solid Fannie Mae and Freddie Mac were, there was no danger of a collapse, and all the worry over it was not really worry but outright racism.
Barney Frank may be in a nursing home somewhere crapping his diapers, but he was never called to account.
And neither was Maxine Waters.