If the expected stimulus bill is an attempt to nationalize the mortgage industry?
Appear, such as increasing the limits on mortgages insured by the federal government and various agencies taking gov’t buying mortgage portfolios unvetted effectively nationalized the mortgage industry. As I read that there may be $ 2000000000000 doubtful there, I guess that means we the taxpayers are on the hook for a lot of bad loans. Why I think we see another scandal savings and loan? I hope I’m wrong.