About time. The govt has appropriated ALL the capital from the GSEs. Very unwise and goes against conservatorship law. This change is a win for affordable housing, market safety, rule of law and property rights.
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Oh man, they're going to screw up the housing market now too aren't they? 😮😱
Oh please no! Notby this administration! They don’t care about us!eWvwryrhing they do will only make their bussies richer!
SEEMS IMPORTANT.
We don't need another screwup....things are getting worse.
Private company mortgage banks will solely have the power to grant mortgages to people that meet their criteria (race and age). Selecting certain customers creates social class divides. Can you meet that criteria today? How about in a few years as criteria changes at whim? Think.
2008, red courtesy phone. 2008, red courtesy phone.
Consolidating more power?
Let's face it anything that the federal government tries to operate ends up like the Titanic
Destroying yet another part of the government The Head Tweeter can't schmooze. Please.
So we should expect another mortgage crisis in what, 3-5 years?