Forum Post: Maxine Waters, Barney Frank - they also need to jump off bldgs
Posted 13 years ago on Oct. 10, 2011, 9:58 a.m. EST by sageobserver
(2)
from Seal Beach, CA
This content is user submitted and not an official statement
Remember in 2005 when they told us everything was fine with Fannie Mae? They were lying. The government forced rules on lenders to make them give loans to people with no ability to make payments. People with no ability to pay and no down payment didn't care about the price and bid up properties way beyond their true economic value. Of course they were going to default and cause the collapse.
Read the Rules