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Anyway, just more fodder for the fraudulent times we're living in when the criminals took over the mortgage lending industry in this country, from people who lied on their applications all the way up the line to the senior officers of Freddie Mac and Fannie Mae, not to mention the criminals of Wall Street who are still at the helm of their failed businesses that are getting bailed out with taxpayer money.



You left out a key enabling partner: The government. From policies that encouraged, and in some cases mandated, questionable loans to the 170 million plus dollars that Fannie and Freddie spent in lobbying and political campaign contributions; there have been politicians at the national level that have aided and abetted this completely preventable disaster. On the right there were key safeguard regulations relaxed/removed, and on the left there was determined opposition to any timely and direct action regarding Fannie and Freddie. Worse, some of the architects of this mess are still in positions of immediate or peripheral policy influence right now.

It irks me every time anyone wants to blame the greedy this or greedy that, while giving the most singularly greedy class of criminal enablers in America a free pass.

2018 FLHCS 2014 Surly Straggler - 16,000 miles and counting!