Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Obama nominates federal housing commissioner
Associated Press ^ | March 23, 2009

Posted on 03/23/2009 3:57:35 PM PDT by Free ThinkerNY

WASHINGTON (AP) — President Barack Obama has named a former Freddie Mac executive to head the federal housing commission.

(Excerpt) Read more at silive.com ...


TOPICS: News/Current Events
KEYWORDS: bho44; bhocabinet; bhofha; davidstevens; longandfoster; realestate
Navigation: use the links below to view more comments.
first 1-2021-33 next last

1 posted on 03/23/2009 3:57:35 PM PDT by Free ThinkerNY
[ Post Reply | Private Reply | View Replies]

To: Free ThinkerNY

Is this an Onion headline..


2 posted on 03/23/2009 3:58:45 PM PDT by primatreat (diversity...is good.. cook the beans with Lard, lay on a slice of FatBack for a garnish. Enjoy!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY
Over/Under on number days until tax problems are revealed is hereby set at 5.

Place your bets.

3 posted on 03/23/2009 3:59:36 PM PDT by TexasNative2000 (I want President Obama AND his policies to fail.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY
It just gets worse: "At Freddie Mac, Stevens was a senior vice president in charge of affordable lending, sales and marketing." Wasn't "affordable lending" Freddie's problem in the first place? Wonder what this guy's bonus was.
4 posted on 03/23/2009 3:59:56 PM PDT by La Lydia
[ Post Reply | Private Reply | To 1 | View Replies]

To: primatreat

It was in the Washington Post, too. Maybe they are sharing content.


5 posted on 03/23/2009 4:00:44 PM PDT by La Lydia
[ Post Reply | Private Reply | To 2 | View Replies]

To: Free ThinkerNY

ROFLMAO

what? wasn’t barney frank available?


6 posted on 03/23/2009 4:02:10 PM PDT by sten
[ Post Reply | Private Reply | To 1 | View Replies]

To: Free ThinkerNY
Well,looks like we are in for more affirmative action mortgages and toxic derivative paper.

And no one will ever know the truth of what caused the current economic crisis, its all those dirty bankers' fault.

Nice cover. Many at Freddie Mac and Fannie Mae should be in jail for fraud.

Well , line up and get your "cheap" house today.

If you can't lick 'em, groin 'em.

7 posted on 03/23/2009 4:02:36 PM PDT by Candor7 (The weapons of choice against fascism are ridicule, and derision. (member NRA)
[ Post Reply | Private Reply | To 1 | View Replies]

To: TexasNative2000

$5 on 4.


8 posted on 03/23/2009 4:03:35 PM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
[ Post Reply | Private Reply | To 3 | View Replies]

To: Free ThinkerNY
At Freddie Mac, Stevens was a senior vice president in charge of affordable lending, sales and marketing.

What's one this guys resume? Senior VP in charge of what?!

Wells Fargo Home Mortgage, The Truth About Wells Fargo documents the irresponsible lending practices of one of the largest lenders in the United States. With a clear pattern of discriminatory lending, particularly within the African American community, Wells Fargo has contributed to the current economic and foreclosure crisis. National People's Action, a project of the National Training and Information Center, will deliver the report today with more than five hundred of its members. http://news.yahoo.com/s/usnw/20090323/pl_usnw/wells_fargo_s_predatory_and_discriminatory_lending_practices_documented

9 posted on 03/23/2009 4:07:09 PM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: La Lydia
I'm also concerned with whether this guy was sexually involved with Barney Frank, or a heavy contributor to Chris Dodd? Or, a Chicago-style supporter of Obama?

You know the gunk you get when you move the refrigerator after a decade or so? You scrape an unknown subatance off the floor. Why does that remind me of the Obama Administration appointments as a group>

Congressman Billybob

Latest article, "The Professor and the Madman"

The Declaration, the Constitution, parts of the Federalist, and America's Owner's Manual, here.

10 posted on 03/23/2009 4:07:56 PM PDT by Congressman Billybob (Latest book: www.AmericasOwnersManual.com)
[ Post Reply | Private Reply | To 4 | View Replies]

To: EBH

http://news.yahoo.com/s/usnw/20090323/pl_usnw/wells_fargo_s_predatory_and_discriminatory_lending_practices_documented

While Wells Fargo & Company would like to sweep their subprime lending history under the rug, it issued many types of problematic loan products at the center of the American foreclosure crisis, including $27 billion in subprime loans in 2006 alone.


11 posted on 03/23/2009 4:08:13 PM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: sten

“wasn’t barney fwank available?”

I was thinking more like little jamie what’s her name, unless she’s still too busy spending the bonus money she absconded with.


12 posted on 03/23/2009 4:08:44 PM PDT by freeangel ( (free speech is only good until someone else doesn't like what you say))
[ Post Reply | Private Reply | To 6 | View Replies]

To: La Lydia

That is amazing. I wonder what the default rate has been on the loans he was involved in. What, wasn’t Jamie Gorelick available?


13 posted on 03/23/2009 4:09:15 PM PDT by 9YearLurker
[ Post Reply | Private Reply | To 4 | View Replies]

To: Free ThinkerNY

This is about as crazy as nominating a tax cheat to head the IRS...wait it minute...that’s been done already...


14 posted on 03/23/2009 4:09:20 PM PDT by CubaninMiami
[ Post Reply | Private Reply | To 1 | View Replies]

To: La Lydia; All

David H. Stevens
President and Chief Operating Officer
The Long & Foster® Companies

“David H. Stevens is President and Chief Operating Officer of the Long & Foster Companies which includes Long & Foster Real Estate and its’ Affiliated Businesses including Mortgage, Title, Insurance, and Home Service Connections, and David joined the Long & Foster Companies in July, 2006 as President of Affiliated Businesses. Prior to joining The Long & Foster Companies, Stevens was Executive Vice President, National Wholesale Manager responsible for all sales, operations, and finance for Wells Fargo Home Mortgage’s wholesale channel.

Prior to his joining Wells Fargo Home Mortgage, Stevens was Senior Vice President of the Single family business at Freddie Mac where he was responsible for all sales, marketing, affordable lending, product development, communications, and loan prospector for the firm. In this role, David served as lead spokesperson for the firm and managed all aspects related to sales, customer management, market share, and business strategy.

Stevens began his career at World Savings bank, where after 16 years; he was promoted to Group Senior Vice President, National Sales Manager for the mortgage division.

Stevens was the founding Executive sponsor of the Woman’s Mortgage Industry Network, and coordinated the first Latino initiative joint venture with Freddie Mac and Latino mortgage industry leaders. He currently sits on the Board of Directors for Long & Foster and the Real Estate Settlement Service Providers Council.

Stevens is a graduate of the University of Colorado at Boulder, is married to his wife Mary, and has four children.”

http://www.longandfoster.com/About_Us/Executive-Team.aspx


15 posted on 03/23/2009 4:09:39 PM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
[ Post Reply | Private Reply | To 4 | View Replies]

To: freeangel

Ha! You were faster than me with Jamie G!


16 posted on 03/23/2009 4:09:42 PM PDT by 9YearLurker
[ Post Reply | Private Reply | To 12 | View Replies]

To: La Lydia

The fox is in the hen house.


17 posted on 03/23/2009 4:10:29 PM PDT by EBH (The world is a balance between good & evil, your next choice will tip the scale.)
[ Post Reply | Private Reply | To 4 | View Replies]

To: EBH

http://www.respro.org/docs/Written%20Statement%20of%20David%20Stevens%20Final.pdf

Written Statement
of
David H. Stevens
President of Affiliated Businesses
Long and Foster Companies
On Behalf of
The Real Estate Services Providers Council, Inc. (RESPRO®)
Before the
U.S. House of Representatives
Subcommittee on Oversight and Investigations
of the
Committee on Financial Services
On
The Department of Housing and Urban Development’s (HUD) Proposed
Real Estate Settlement Procedures Act (RESPA) Rule
September 16, 2008


18 posted on 03/23/2009 4:14:16 PM PDT by penelopesire ("The only CHANGE you will get with the Democrats is the CHANGE left in your pocket")
[ Post Reply | Private Reply | To 11 | View Replies]

To: TexasNative2000
>>>Over/Under on number days until tax problems are revealed is hereby set at 5.<<<

Over/Under on number days until ACORN membership or tax problems are revealed is hereby set at 5.

Lets make it a little easier on the folks willing to put up their money!!

19 posted on 03/23/2009 4:15:18 PM PDT by HardStarboard ("The urge to save humanity is almost always a false front for the urge to rule - Mencken knew Obama)
[ Post Reply | Private Reply | To 3 | View Replies]

To: TexasNative2000

A side bet:

Did he ever get a bonus?


20 posted on 03/23/2009 4:15:42 PM PDT by Kansas58
[ Post Reply | Private Reply | To 3 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-33 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson