I read all this about Fannie and Freddie and watched a lot of tv that talked about mortgage bundling credit default swaps and Fannie and Freddie. Also the community investment act of 1977 put through for Jimmy Carter so he could build homes for low income after he got thrown out of office!
City Government demands all keys to propreties belonging to Cedar Falls residents”
“The Cedar Falls, Iowa city council voted to take the keys of residents to enter their businesses and some residential properties for the sake of “security.”
http://www.freerepublic.com/focus/f-news/2733669/posts
If the real end game IS that property rights are totally destroyed, then maybe not paying on a mortgage IS the answer.