Nothing can go wrong here, right?

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The New York Times on Cuomo, Clinton’s Housing Secretary (because the founders definitely put a proviso in to the Constitution that the federal government oversee fucking housing): And, in an effort to reverse decades of discrimination against blacks and Latinos, Mr. Cuomo pushed the government-sponsored banks, Fannie Mae and Freddie Mac, to buy more home […]

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The New York Times concerning Fannie and Freddie: The administration is still considering these and other options. The choice will reflect in large part a judgment about how hard the government should try to increase homeownership. Broader guarantees create greater risks for taxpayers, but also lower interest rates, bringing ownership within reach for more families. […]

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I find it “interesting” that some people can seek money they otherwise couldn’t afford to repay, buy a house they otherwise could not afford to buy, stop making their payments claiming “self preservation”, then blame the lenders all while absolving themselves of any responsibility whatsoever.  David Streitfelt via The New York Times: A growing number […]

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