Judge it!
But, at what cost? The problems with Freddie and Fannie are legion and this bill not only continues these problems, it puts the taxpayers on the hook with blank check to Fannie and Freddie. In addition, there is nothing to stop their lobbying, neoptism, and outright fraud.
Rick
Foreclosures
South Florida housing market needs a boost; hopefully congressi...
ISSUE: House OKs housing aid bill. Whether legislation before Congress can rescue the nation's - and South Florida's - housing market isn't clear.
Full Story: South Florida Sun-Sentinel
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Joined: Dec 19, 2006
Comments: 4327
Boynton Beach
ISP Location:
Pompano Beach, FL
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I don't agree with this either, but a lot of public and private sector pension funds are tied into these mortgages. A lot of people may see their pensions disappear.
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