when the forclosures begin, and the banks start building up a hugh supply of forclosed homes, they will hollar for the taxpayers to bail them out. clinton's former cronies are a part of citi bank. we still haven't got out of the home loan scandal that clinton and Raines perpetrated to the tune of billions. Will the teflon black president and his cohort presidential candidate hillary have anything to say about this? Oh yeah. Blame Bush. Bush caused it.
This has nothing to do with Fannie Mae, Freddie Mac, The Federal Home Loan Bank System or Farm Credit. Franklin
Raines is a great target ... as long as you don't know what you are talking about.
I doubt they get many foreslosures, Think about it. When you have 8 families living in the same house, even at low wages the payments shouldnt be all that hard to make.