10-10-2008, 12:47 PM
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CC Member
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Join Date: Jul 2001
Location: Senoia,
Ga.
Cobra Make, Engine: 427SO with big twin autolite inlines on custom intake, jag rear, top loader, wembeldon white, guardsmen blue stripes
Posts: 3,155
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Not Ranked
Barney Frank has consistently favored Fannie Mae and Freddie Mac 'forcing' banks and other lending institutions to underwrite loans for people who couldn’t afford them. There's your 'frank force' steve.........
In 2005, the Republicans passed a bill to increase regulations of Fannie Mae and Freddie Mac which was voted against by the Democratic members. The bill wasn’t put on the floor for a vote because the Republicans knew they couldn’t get 60 votes to pass the bill.
Quote: vrm...Greenspan even said that it was not the selling of the subprimes as that has been happening for 30 years???,,,,,, another made up comment, loans to less than qualified borrowers have been around since man discovered credit!.
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Perry
Remember!, there's a huge difference between a 'parts' changer, and a mechanic.
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