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Tagged: mortgages

2010-09-04 :: madlibertarianguy // Dumbassery + Economy + Government + POTUS
Gee…

Nothing can go wrong here, right?

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2010-08-23 :: madlibertarianguy // Dumbassery + Economy + Government
Back From the Dead

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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2010-08-17 :: madlibertarianguy // Dumbassery + Economy + Government
What Housing Bubble?

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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2010-08-13 :: madlibertarianguy // Dumbassery + Economy
We Certainly Don’t

Fannie Mae: Who gives a shit that we are underwriting loans for people who may be taking on too much debt? We certainly don’t. I mean, it’s only taxpayer money.

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