Why is Everybody Missing the Real Problem with Fannie and Freddie??

Democrats are deaf and morally bankrupt after having put us on the verge of bankruptcy


OK..Correct me if I'm wrong (and I am sure you will). When I was much younger and living in an entirely different world, I applied for a mortgage. As a newly minted member of the legal profession, I had no credit, no references and a small mountain of debt. My earnest and cloying "mortgage facilitator" suggested that I obtain a co-signer or guarantor. Even as a novice barrister, I didn't understand what that entailed. I learned very quickly and, after a chorus of "no", I signed a lease for a most comfortable apartment.
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