Obama’s Hack Politician, Rep. Mel Watts, Already Gutting Mortgage Standards And Reviving Crony Capitalist Boondoggles At Freddie/Fannie

The latest noises out of both Fannie and Freddie are for increasing intrusion into housing, which is a sharp departure from where this was all heading (and where it should). The previous GSE administration (Ed DeMarco left in January, replaced by Mel Watts) had left the impression of winding down the troubled firms that have [...]
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