Replies to post #171134 on Fannie Mae-No Politics (FNMA)

[jamesL]

I thought manipulation was going to stop with Fannie.

[955]

This is huge as it will quell reformation talk in Congress with incentive to leave the GSE's as they are. How much more proof does one need to see that sub-standard loan qualification practices were at the heart of the financial crisis?

Foreclosures Sink Back to 2007 Levels

http://www.thestreet.com/story/12255003/1/foreclosures-sink-back-to-2007-levels.html?puc=yahoo&cm_ven=YAHOO

Also:

http://www.reuters.com/article/2014/01/21/us-usa-housing-analysis-idUSBREA0K1TO20140121

"Reform legislation is unlikely to become law this year. In fact, there are clear signals that the effort in the Senate Banking Committee faces a far steeper climb than originally expected," said Isaac Boltansky, a policy analyst at Compass Point Research & Trading.