Here we go again....Judicial obstructionists.
http://www.legalnewsline.com/news/225583-pair-of-op-eds-criticize-cuomos-bank-of-america-suit
The Wall Street Journal was the first to criticize Cuomo, probing his record as secretary of the Department of Housing and Urban Development from 1997-2001.
While at the HUD, Cuomo required Fannie Mae and Freddie Mac to buy $2.4 trillion in mortgages over a 10-year span. Cuomo said that meant affordable housing for 28.1 million low- and moderate-income families.
“Fannie and Freddie’s purchases of subprime loans skyrocketed,” the editorial says.
“The problem wasn’t merely that the Cuomo HUD was raising the volume of loans for which taxpayers would be on the hook. It was also encouraging a dangerous decline in underwriting standards at these government-sponsored enterprises “