" Mortgage lenders are seeking relief from Fannie Mae and Freddie Mac as the government-supported companies force them to buy back more soured debt, said John Courson, president of the industry’s largest trade group."
wow this couldn't be connected to that great, green shoot (cough...cough) story that fannie and freddie were buying less crapppo debt, could it?????
that wouldn't be honest with this story, would it?????
yep now we see they are just unloading the crap and soon we will find out that goldman has been giving federal taxpayer money to the lenders to buy this crap and then we will find out that fannie and freddie are buying no crappo debt as we find out that goldman is giving backdoor money to lenders to buyback all the crappo fannie is holding and then we will read that fannie and freddie are cleaning up because they are not buying or holding and on and on and on and on and on and on.................................... Permalink