Post-Mortgage Meltdown, Where Do We Go Now?

""As normal people everywhere in the country realized that housing prices seemed to be growing straight into the stratosphere, instead of becoming more conservative about lending against those ridiculously high values, Fannie and Freddie just continued to make the same kind of loans and indeed made more aggressive loans during that period of 2005, 2006, 2007," Date said. "And it has all come back to haunt them.""