Why the federal government now holds nearly 50% of all residential mortgages

Borrowers seeking large mortgages or with weak credit may struggle

http://finance.yahoo.com/news/why-federal-government-now-holds-094635454.html

 

it is called socialism and creeping nationalization of credit.

 

When economy is in recovery and does well socialism is quite acceptable.

 

kinda felt to me like we had a de-facto nationalization with the pretense of "emergency measures" about 7 years ago.

 

Because banks are self serving, cock suckers....everybody knows that they only lend to folks who do not need it....

I have a 25 year FHA loan, so what's the big deal? They're just as good as the traditional 30-year, bank loaned mortgage.