2cuall is correct. If the government left 25 million dollars sitting in a park and had no regulation over it, had maybe 1 mall cop looking over it... what do you think would happen?! LOL Then when the market crashed who were prosecuted?! The Tiny little mom and pops Mortgage agents and brokers. The most unAmerican thing i've ever seen and Trump turned his back this with this NWS. Such a shame.
I never said F&F made the loans, F&F only insures the loans, they don't make loans. I put many loan clients through Suntrust, but the guidelines for approval were from F&F, with additional overlays from Suntrust. F&F provided the guidelines for approval.