I think it’s a great idea to dismantle these government-run corporations and return all this mortgage business back to the private sector...
What? WHAT???
Barnie’s Frank wants to create ANOTHER government-run mortgage corporation???
Now that’s just plain stupid.
That is exactly right. The cost to the taxpayers would be astronomical which is exactly what the communists want. More destruction of our economy.
Basically, if fruitcake frank wants it, DO NOT TOUCH IT.
Fanny and Freddy did just fine until the communists forced them to cover a truckload of bad mortgages. Correct that and we will have the original system back and it will work just fine. It used to be among the most solid of investments and can be again if the communism is kicked OUT of it.