Wrong. That's what standards are for. GSE's had relatively high standards in order to purchase a mortgage. Their job was never to buy any toxic piece of junk the banks fraudulently produced and Make fecal sausages. That's what PLS did and GSE's sadly lowered their standards to compete with them For a short time. Forcing the worst of the toxic junk on GSE's post conservatorship cannot be justified and you know it.