Fannie Mae (FNMA)

[Donotunderstand]

Zeph

It has been shown that the default rate at F and F was lower than at private banks

and I will never ever believe JPM and GS and others made liar loans and interest only loans and 80 10 10 loans to advance any political agenda as for profit stock owned companies . They did it because they could do it and increase profit - bribe or whatever the rating agencies and SELL off the risk to investors at foundations - F and F - pensions - you and me. And they knew they kept profits and if they lost money big time - they could teach us all a lesson on socialism by socializing the loss on the back of taxpayers

sorry but the few houses sold to browns and blacks did not bring down a multi TRILLION dollar REAL ESTATE bubble

sorry but on its face that is so absurd