@RepHensarling @FinancialCmte "Free Market" blew up the housing market, but who cares about facts?
@flocktard No, misguided gov't policies pushed financial institutions to lend money to people to buy homes they couldn’t afford to keep.
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@FinancialCmte Well? Care to defend your position or do I just presume you're a stooge for Jamie Dimon? -
@flocktard The suggestion that Fan & Fred fell victim to the bad private market participants is completely false. http://go.usa.gov/26Ud - 1 more reply
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@FinancialCmte That is a total lie. And that's why GSE foreclosure rates are are 1/4th that of non-agency mortgages.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte The biggest lie of our times politically is blaming GSEs and CRA for the housing meltdown. Nothing is further from the truthThanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte If you want the facts and statistics, just ask. I've dealt with this demagoguery for years.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte I was a mortgage broker for 8 years with a correspondent relationship with over 30 lenders. I know underwriting. You don't.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte and I also trade mortgage paper. I know where the defaults are. Your entire narrative is a giant falsehood.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte You have the GSEs getting billions in "put backs" from Wells, B of A, etc. in falsified documentation.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte and you say they were "pushed?" Tell me:how did COMMERCIAL real estate go through the same credit cycle w/o govt policy inputThanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte Umm, you guys on vacation??
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