Which industry pays loan officers up to $5 million a year? Here's a hint: these bonuses are paid through companies that have lost several hundred billion dollars, necessitating a taxpayer bailout. That's right: your tax dollars are paying for both the bailouts and these multi-million-dollar bonuses. At the risk of popularizing this racket, I will explain how and why this happens, in the hope that it inspires real reforms. The industry is apartment finance, and the companies are Fannie Mae Delegated Underwriter & Servicers ("DUS shops") and Freddie Mac Seller-Servicers. As we know, Fannie and Freddie were founded to support affordable...