Fannie Mae (FNMA)

[Donotunderstand]

to offer home loans to deadbeat borrowers with shaky credit

?

every one here has read the continued good news on how low the delinquency rate is on F and F paper/mortgages - how it gets better by the month - and how F and F paper was soooooooo much better than private paper

Yet -- the idea that F and F shovels money out to the poor continues on and on ----likely through jealousy and a sense that the GOV gives away our taxes to THEM

(note - unless one earns in the top 10% and pays a normative tax at that level ---- "one" barely pays for themselves and is not paying for THEM)