Relevant:
- Public Banks Are Essential to Capitalism - Ellen Brown
- Fannie, Freddie Fighting With Banks Over Responsibility For Housing Crisis
- Fannie Mae Was Felled by Flawed Business Model, Regulators Say
- Fannie, Freddie Fighting With Banks Over Responsibility For Housing Crisis
- Banks trim use of emergency Fed programs
2008-03-30 — blownmortgage.com
'The interesting parts of these changes are the fact that Fannie and Freddie-backed My Community programs, which are designed to “foster homeownership†by providing 100% financing and sundry other underwriting compromises are being pared back by the banks that are supposed to facilitate this type of lending.'
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