tag:blogger.com,1999:blog-4032352523770685947.post5565686929606172269..comments2008-10-09T16:36:59.848-04:00Just A Grunthttp://www.blogger.com/profile/04529857471717694062justagrunt99@gmail.comBlogger3125tag:blogger.com,1999:blog-4032352523770685947.post-82874209739424591982008-10-09T16:36:00.000-04:002008-10-09T16:36:00.000-04:00

smrstrauss<BR/>You have to go read the entire article. It is lengthy and I only pulled certain parts. it goes to the general theme that there was pressure to make minority loans but not do oversight. It isn't the minority loans per se that got us into the bind but the lack of oversight. <BR/>In the rush to give out loans to less qualified applicants to meet some sort of quota the oversight was

Just A Grunthttp://www.blogger.com/profile/04529857471717694062noreply@blogger.comtag:blogger.com,1999:blog-4032352523770685947.post-89996266786310512772008-10-09T16:19:00.000-04:002008-10-09T16:19:00.000-04:00

Re: “He announced that in 2001, Fannie provided $87.6 billion in financing for 680,000 minority families.”<BR/><BR/>There are a number of problems with this statement. First, it implies that providing mortgages to minority families is bad. What is bad about it? Minorities need home loans like everyone else.<BR/><BR/>Second, it implies that the $87.6 billion were risky loans. How do you know that?

smrstrausshttp://www.blogger.com/profile/17130680385818556655noreply@blogger.comtag:blogger.com,1999:blog-4032352523770685947.post-59155172436329732172008-10-09T15:42:00.000-04:002008-10-09T15:42:00.000-04:00

Congressman Ed Markey is a Democrat.

smrstrausshttp://www.blogger.com/profile/17130680385818556655noreply@blogger.com