Hey Barney, it was your meddling in this kind of stuff that led to the initial problems at Fannie and Freddie...

Quote:(Reuters) - Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.

Barney want's the lending rules relaxed...again...

Why don't these idiots understand how the market works?

The Fireworks are on the Factor Tonight, Barney Frank will enter the No Spin Zone.

SumOfAllFears Wrote:The Fireworks are on the Factor Tonight, Barney Frank will enter the No Spin Zone.

It doesn't matter, no one will be able to understand what he's saying.

(06-24-2009 12:50 PM)BlazerFan11 Wrote:  

SumOfAllFears Wrote:The Fireworks are on the Factor Tonight, Barney Frank will enter the No Spin Zone.

It doesn't matter, no one will be able to understand what he's saying.

Barney Frank deserves something like Perez Hilton.

(06-24-2009 12:17 PM)GrayBeard Wrote:  Hey Barney, it was your meddling in this kind of stuff that led to the initial problems at Fannie and Freddie...

Quote:(Reuters) - Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.

Barney want's the lending rules relaxed...again...

Why don't these idiots understand how the market works?

Mr. Frank caught thinking.

This is unbelievable. This is what got us into this mess. If the builders can't sell the condos then they should lower the price so they are more affordable to more people. I wonder what Frank is getting out of this?