No. of Recommendations: 3
This situation with HUD/Fannie/Freddie is just so crazy!

Not crazy at all. Completely logical and understandable: the financial industry wants some fool to buy their risk.

I agree that the mortgage GSEs should be liquidated/should never have been established. But the financial industry outvotes you and I, and has a stack of money to spend on propaganda "you, yes, you can own your own home, if the government would just buy the risk"

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