2002-Government: “YOU MUST PUT MORE MINORITIES AND LMI (Low-to-Moderate Income Borrowers) IN HOMES!”

2008-Government: “WHY IN THE HELL WOULD YOU GIVE LOANS TO PEOPLE WHO CANT AFFORD THEM?”

2014-Government: “SEE 2002”

What a joke.”

Mortgage Industry Veteran Responding to my blog posting Statement #361: FHFA’s plan to increase demand for low-income mortgages from Fannie and Freddie.

Posted on September 15, 2014, in Postings. Bookmark the permalink. Leave a comment.

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