In order for a socialist state to redistribute property/wealth, it must find and execute ways to get the property into its possession. The mortgage programs of Fannie and Freddie, now that they are fully nationalized institutions, fill the bill. The goal is to get as much private real-estate into govt. hands as soon as possible....then redistribute it at leisure. And so, the exercised tool of wealth and property transfer continues on as this article describes.
The middle class currently has value to socialists as voting instruments and property/wealth holders...when the wealth/property is gone, transferred, perhaps it’s value to socialists as voting instruments will go as well if all this is permitted to happen.
Yeah, that seems to be the plan. I think also at play were cash kickbacks on a massive scale as well as millions in campaign contributions.