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There's a mortgage monopoly the US government wants to keep

By anonymous following x   2017 Aug 25, 2:36pm 866 views   2 comments   watch   sfw   quote     share    


Will Trump act on FNMA and remove it from conservatorship?

1   anonymous   ignore (null)   2017 Aug 25, 2:37pm   ↑ like (0)   ↓ dislike (0)   quote   flag        


Fannie Mae and Freddie Mac (the GSEs, or "government-sponsored enterprises") were already well past having paid back taxpayer bailouts before this week's earnings releases. Freddie Mac has paid back $36.9 billion more than it drew from taxpayers and the number is $46.6 billion for Fannie Mae. Both have capital buffers at the moment, but those are slated to be drawn down to $0 by the beginning of 2018. Neither the GSEs nor their overseer the FHFA are too thrilled about that.

2   APOCALYPSEFUCKisShostikovitch   ignore (35)   2017 Aug 25, 2:47pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Mortgages are for CUNTS! and speculators!


The Housing Trap
You're being set up to spend your life paying off a debt you don't need to take on, for a house that costs far more than it should. The conspirators are all around you, smiling to lure you in, carefully choosing their words and watching your reactions as they push your buttons, anxiously waiting for the moment when you sign the papers that will trap you and guarantee their payoff. Don't be just another victim of the housing market. Use this book to defend your freedom and defeat their schemes. You can win the game, but first you have to learn how to play it.
115 pages, $12.50

Kindle version available

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