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Related: About this forumThe Black Financial and Fraud Report: Agency Says No to Mortgage Relief
The Director of the FHFA says no to Obama on proposal that Fanny and Freddie forgive portions of mortgage when house is "under water".
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The Black Financial and Fraud Report: Agency Says No to Mortgage Relief (Original Post)
Lars77
Aug 2012
OP
katanalori
(1,181 posts)1. Demarco...........
He is a holdover from the Bush Administration. There is a petition asking Obama to fire him:
http://www.newbottomline.com/fire_fhfa_director_ed_demarco
99th_Monkey
(19,326 posts)2. Thanks for that link.
That felt really good.
This stinks to high Heaven, and Obama must stand up to this
kind of obstructionism, just like in the House.
midnight
(26,624 posts)3. Listening to this brings me back to why on earth were the banks given a bail out with no strings
attached. i.e.... Must help underwater mortgages...
pam4water
(2,916 posts)4. Big K&R followed by fear and depression.