Saturday, October 10, 2009

Same Old Song and Dance: As Fan and Fred Losses Balloon, Here Comes the FHA

As if the Fannie Mae and Freddie Mac (Fan and Fred) crackups weren't bad enough, IBDeditorials.com noted on Thursday evening that another bad-mortgage shoe is about to drop. This times it's at the Federal Housing Authority (FHA).

First, let's revisit Fan and Fred to remind readers just how complete the disaster has been at these decades in the making Democratic crony-controlled entities.

A little-noticed CNNMoney.com item by Chris Isidore in late July told us what the original Source: NewsBusters RSS Feed

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