Two words for you pal: Barney, Frank.
almost 60% of the subprime loans were lent by financial institutions not involved with Fannie Mae...
what's their excuse, huh....
don't you ever get tired of kissing all corporations rear ends, no matter what they do? Were you happy to take my tax money and give it to them?
NO ONE FORCED the big banks and mortgage brokers to do what they did...
to hold the borrower responsible and NOT the institutions themselves for making BAD, POOR, RIDICULOUS, GREEDY, FRAUDULENT AND NEGLIGENT business decisions is FAVORING the corporation and giving them a free pass for their own mistakes....And that's just wrong.
THEY CHOSE to make these business decisions that especially dicked their own stock holders and us all.
care