[mo]

I’m curious...as to exactly how much of these two mortgages might have wound up in somebodies campaign coffers...IMHO that’s about the only way a mess like this gets momentum.

[Gaffer]

I heard on the radio that an extremely (extremely) high percentage of defaulted loans involve fraud - fraud by lying about income, existence of 'down payment loans', actual status of outstanding debt, value of the proposed house, etc.

I am not in favor of bailing out anyone - homeowner, lendor or mortgage guarantor. These people did it to themselves.