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REPORT ABUSIVE REPLY
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Message Subject
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wake the F*%$ up! says Samuel Jackson, vote Obama.......
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Poster Handle
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Anonymous Coward |
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Post Content
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When the topic of blame comes up, lots of us in the mortgage lending industry always seem to want to point towards someone else instead of taking a look at our own role as loan originators, processors, underwriters, and so forth. One thing I constantly hear is how it was the fault of Fannie Mae and Freddie Mac for lending money to subprime borrowers. First of all, Fannie and Freddie don’t lend money and second, that myth has already been debunked here and here.
[ link to mortgagefiduciaries.com]
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