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Re: Wall St. is using Washingtonâ��s revolving door to try to take mortgages away from Fannie and Freddie 

By: ribit in FFFT3 | Recommend this post (2)
Mon, 07 Dec 15 10:25 PM | 79 view(s)
Boardmark this board | Food For Further Thought 3 		Msg. 17595 of 65535
(This msg. is a reply to 17591 by clo)
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clo
...well, fannie and freddie did such a wonderful job bankrupting the country and sending us into the barney frank chris dodd depression. Let's try it again.




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Liberals are like a "Slinky". Totally useless, but somehow ya can't help but smile when you see one tumble down a flight of stairs!

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The above is a reply to the following message:
Wall St. is using Washington’s revolving door to try to take mortgages away from Fannie and Freddie
By: clo in FFFT3
Mon, 07 Dec 15 6:33 PM 		Msg. 17591 of 65535

Wall St. is using Washington’s revolving door to try to take mortgages away from Fannie and Freddie
Monday, December 7, 2015 7:59 AM EST

Seven years after their dubious lending practices helped push the United States economy to the brink of disaster, the nation’s largest banks are closing in on a long-sought goal: to unseat Fannie Mae and Freddie Mac, the mortgage finance giants, and capture their share of the profits in the country’s $5.7 trillion home loan market.

Taking place largely behind the scenes, the movement to take over the mortgage market has been propelled in part by a revolving door between Washington and Wall Street, an investigation by The New York Times has found.
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NYTimes

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