"..Andrew Cuomo, the youngest Housing and Urban Development secretary in history, made a series of decisions between 1997 and 2001 that gave birth to the country's current crisis. He took actions that—in combination with many other factors—helped plunge Fannie and Freddie into the subprime markets without putting in place the means to monitor their increasingly risky investments. He turned the Federal Housing Administration mortgage program into a sweetheart lender with sky-high loan ceilings and no money down, and he legalized what a federal judge has branded "kickbacks" to brokers that have fueled the sale of overpriced and unsupportable loans. Three to four million families are now facing foreclosure, and Cuomo is one of the reasons why...."
Cuomo is right at ground zero for the the crash of Freddie and Fannie. He should pay like the rest of us!
Exactly right. He wants to make the election about gay marriage. Paladino needs to make it about Freddie, Fannie and Cuomo... and fast! Time is running out. He needs to hang the mortgage crisis around Cuomo and he needs to run some commercials ASAP.