I agree. Many of these assets are probably more than 2 yrs old. But I repeat, Frank and Dodd have been big proponents behind much of the poor lending practices with Freddie and Fanny. Even though the DEMS have been the majority for only 2 years, they have effectively blocked and filibustered many initiatives. In addition much of this did begin with Clinton, during his administration. and if you recall, there was a huge economic failure during and because of Carter's administration. That resulted in interest rates in excess of 20%









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