BMT (RIP)
10-10-2008, 15:52
Bill and Hill sure have been quiet during this money mess!!
BMT
Red Flag 1
10-10-2008, 16:12
Bill and Hill sure have been quiet during this money mess!!
BMT
They are not jumping up to support BHO are they!
Have to give them credit for that, at least.
What could either have to say about the economy that would not draw fire?
RF 1
They might be duck'n the press??
Bill was THE big pusher to get Fannie May&Mac to force banks to give loans to...
How did Frank Raines phrase it??
"Fannie Mae has expanded home ownership for millions of families in the 1990's by reducing down payment requirements," said Franklin D. Raines, Fannie Mae's chairman and chief executive officer. ''Yet there remain too many borrowers whose credit is just a notch below what our underwriting has required who have been relegated to paying significantly higher mortgage rates in the so-called subprime market."
From: Fannie Mae Eases Credit To Aid Mortgage Lending - New York Times STEVEN A. HOLMES, September 30, 1999
http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F9582 60&sec=&spon=&pagewanted=1
I would love to see Bill in front of a grand jury explaining how he, Barney Frank, his boyfriend, and Frank Raines trashed our mortgage system to keep the "sub-primers" happy,, until they are/were evicted...