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Re: rgd1350 post# 400483

Friday, 03/31/2017 11:59:31 AM

Friday, March 31, 2017 11:59:31 AM

Post# of 797194
Obiterdictum, if you wish to know the GSE's involvement with loans and Policies, please cut and paste this site:

https://tjhancock.wordpress.com/housing-bubble-financial-crisis-detailed-comprehensive-assessment/


Opinions are not of interest. The questions asked concern matters of fact.

My questions about your age and country were relevant. Do you know who, "Felix the Cat is" Who is Deputy Dawg" Do you know who "Darla" is? Age is important, because maybe you were too young to be involved in the housing crisis or know about it when it was actually taking place. When my son was 13,and learning the guitar, I asked him if he could name all of the Beatles...his response...Who are the Beatles? Age in the Mortgage Business is relevant. You don't seem to believe that F&F created the Guidelines that toppled the Mortgage Industry. They made the rules, Bankers and Lenders took advantage. I will try and find a rate sheet from the Mid 90's, not sure what I have in storage, but I will look this weekend. GLTY

Yes. Yes. Yes (Little Rascals). I was well invested in real estate stocks. Sold all stocks in June 2007 after two poor quarters.

It is not a questions of belief. It is a question of fact. Demonstrate the position by showing documentary evidence of Fannie and Freddie creating and promoting NINA loans.