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Winding down state-sponsored mortgage finance will be easier said than done, as Fannie Mae...
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Friday, August 31, 2012, 2:35 PM ETWinding down state-sponsored mortgage finance will be easier said than done, as Fannie Mae purchased $81.9B mortgages in July, nearly double the amount from a year ago. The growing business for the GSEs is another signal housing is rebounding, but exactly how do politicians expect to replace them?
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This news story has 4 comments:
This S@#! has got to stop.
FHA been a busy camper writing delinquent loans.
If they were feeding our children and grand-children into a meat grinder in front of our eyes we would stop them: shoot them, hang them, behead them.
Somehow - we allow ten to twenty years of our somnambulance and their legerdemain to pass - and the same thing happens to our children and grandchildren in needless wars, on the decaying streets of our cities, and in the death of the middle class - we re-elect the charlatans, and allow the vampires to roam free.
Where is Jon Corzine?
Beans, Bullion and Bullets.
this seems to be ignored in the msm