tag:blogger.com,1999:blog-6034478.post5439371403597029220..comments2024-03-28T13:48:19.009-04:00Comments on Doug Ross @ Journal: You'll never guess who's behind the foreclosure crisis about to crush the housing market again (hint: it begins with a Fannie and ends with a Mae)Unknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6034478.post-51868663164904700182010-10-12T18:17:39.053-04:002010-10-12T18:17:39.053-04:00What is a lot of fun is that the problems that we ...What is a lot of fun is that the problems that we are seeing now were understood in the 1990's. The people who looked into it? Strangely enough it was <a href="http://ajacksonian.blogspot.com/2010/02/it-seemed-like-good-idea-at-time.html" rel="nofollow">researchers at the FDIC</a> who pointed out the way the mortgage market was going and did an exacting historical review of it.<br /><br />It turns out that part of this problem is linked to the S&L crisis. We wouldn't have had that withoug government 'regulation', either. And it sources to the same set of agencies, too.A Jacksonianhttps://www.blogger.com/profile/07607888697879327120noreply@blogger.comtag:blogger.com,1999:blog-6034478.post-69383679732889271862010-10-12T12:02:15.367-04:002010-10-12T12:02:15.367-04:00Let's not forget Barbara Boxer and Nancy Pelos...Let's not forget Barbara Boxer and Nancy Pelosi. They went around San Francisco in the 90's proundly promising special mortgage funds to new immigrants and certain ethnic groups.<br /><br />http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2000/04/21/MN85038.DTL<br /><br />Federal mortgages have been a backdoor way of buying votes for a long time.Whitehallnoreply@blogger.comtag:blogger.com,1999:blog-6034478.post-51497145044934262662010-10-11T22:07:24.080-04:002010-10-11T22:07:24.080-04:00Barney Frank, Chris Dodd, Maxine Waters and the re...Barney Frank, Chris Dodd, Maxine Waters and the rest of the social engineering geniuses who protected Fannie Mae and Freddie Mac from regulatory oversight during the Democrat housing boom -- and their own outrageous and damning testimony can be seen here -- should be serving life sentences in Leavenworth.<br /><br />You can't scream this loud enough,sTevonoreply@blogger.comtag:blogger.com,1999:blog-6034478.post-58161561781067964322010-10-11T21:02:23.850-04:002010-10-11T21:02:23.850-04:00The only way out of this is a quick law absolving ...The only way out of this is a quick law absolving the robo-signers where there is no fraud against a homeowner.<br /><br />Dims and Reps both are loathe to do that, but it's the best way to get the inventory moving again, AND soothe the Title Insurers.Harry Bergeronhttps://www.blogger.com/profile/12816725983532436411noreply@blogger.com