               Comments     Threshold   RE: now, that was
pathetic By Master Kenobi (blog) on 9/22/2008 8:20:32 AM ,
Rating: 5 The problem is that the government is to blame here.
The government oversight of the GSE's (OFHEO at the time)
mandated that Freddie and Fannie needed to take in more loans to
help with lower income families that could not normally afford
it to promote "the american dream". Had this not happened, the
GSE's would have continued to say no, and refuse to buy those
loans. Historically, the GSE's do not dabble in the non-
performing loan category or the sub-prime category either. You
can thank congress for this entire mess though, since they
ultimately hold the leash to OFHEO. /Rant off.  *Disclaimer: I
work for one of the GSE's*  RE: now, that was pathetic By
FITCamaro on 9/22/2008 9:11:44 AM , Rating: 2 Yeah I agree with
you.  RE: now, that was pathetic By rtrski on 9/22/2008 9:19:50
AM , Rating: 2 And whose oversight was it that pushed that
policy change? (I'm not asking an intentionally