Guess who recommended Obama to enter Harvard

[Alpha1]

He really did that?!?!?! He's more hopeless than I thought.



All that ^^^

Wrong and wrong...no surprise there...

Why the freekin' mess....

Friday, March 14, 2008
The Barney Frank FHA Refinance Plan
Calculated Risk: The Frank FHA Refinance Plan

H.R. 1852, the “Expanding American Homeownership Act of 2007” ...Barney Frank
http://tinyurl.com/4tvols

Adopts the Frank/Miller/Cardoza amendment that would raise FHA single family loan limits, which now bar loans above 95% of the median home price in each local area and shut FHA out of higher cost home markets. The amendment raises the FHA loan limit in each area to the lower of (a) 125% of the local area median home price or (b) 175% of the national GSE conforming loan limit.
Congress 2007: Make It Easier to Buy a Home at The Brian Sullivan Blog

Sen. Christopher Dodd, chairman of the Senate Banking Committee and a Connecticut Democrat, backed Frank's general approach to FHA-backed refinancing.
Under legislation unveiled by the lawmakers, the FHA would be permitted to offer $300 billion more in new guarantees to help refinance distressed mortgages that banks and mortgage holders have agreed to significantly write down.
Key lawmakers seek wider FHA role in mortgages | Special Coverage | Reuters

May 6, 2008
H.R. 5830, the Frank–Dodd FHA Refinance Plan, Is Still the
Chairman Barney Frank (D-MA) of the House Financial Services Committee has proposed H.R. 5830, which would use the Federal Housing Administration (FHA) to refinance at-risk mortgages at a lower interest rate in return for a cash fee.
H.R. 5830, the Frank–Dodd FHA Refinance Plan, Is Still the Wrong Policy for the Housing Mess

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Fannie Mae and Freddie Mac Invest in Democrats

OpenSecrets | Fannie Mae and Freddie Mac Invest in Democrats - Capital Eye
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Theres more...want to see it?