"The experts said the Bachmanns bought a more expensive home using typical strategies during a time of easier credit. With their existing home still on the market, they assumed liability on the same day for the $417,000 mortgage and a $249,999 secured line of credit backed by the residence, records show. "
I wish Wapo would have scrutinized Barry like this prior to his annointment.
To: WOBBLY BOB
I also presume the Bachmanns had plenty of verified income and assets for their loans.
This is not the part of Fannie most of us have issue with.
2 posted on
07/27/2011 3:15:16 PM PDT by
RockinRight
(If we're "teabaggers" then they're "d-baggers.")
To: WOBBLY BOB
Have we ever figured out who paid for Obama’s house in Chicago?
3 posted on
07/27/2011 3:17:44 PM PDT by
cripplecreek
(Remember the River Raisin! (look it up))
To: WOBBLY BOB
And don’t forget...MIchelle was late for cheerleading practice in high school and had to be reprimanded!!!! She’s SATAN!!
5 posted on
07/27/2011 3:23:58 PM PDT by
Deb
(Beat him, strip him and bring him to my tent!)
To: WOBBLY BOB
If this is the best the MSM can do against Bachmann, then I'll feel real good if she's the GOP candidate in 2012.
6 posted on
07/27/2011 3:24:07 PM PDT by
TwelveOfTwenty
(Compassionate Conservatism? Promoting self reliance is compassionate. Promoting dependency is not.)
To: WOBBLY BOB
Supposed it had been the other way, that Bachmann had been cheering on Fannie and Freddie. Then she applied to them and got the deals they were shown to have gotten here.
Oh, humongous, humongous scandal!
No, more like stoney see-no-evil silence. If you’re a mediot, you can’t afford to lose a friend, even if the friend has an (R) by his or her name.
8 posted on
07/27/2011 3:31:15 PM PDT by
HiTech RedNeck
(There's gonna be a Redneck Revolution!)
To: WOBBLY BOB
So what. I’m critical of the amount of money that’s wasted through corruption and ineficiency building and maintaining our highways but I don’t stick to dirt roads when I take a trip.
10 posted on
07/27/2011 3:35:01 PM PDT by
freedomfiter2
(Brutal acts of commission and yawning acts of omission both strengthen the hand of the devil.)
To: WOBBLY BOB
Experts who examined the loan documents for the Washington Post say they are confident the loan was backed by Fannie Mae or Freddie Mac. This is ridiculous - all loans at that time were purchased by the GSEs. And the Bachmanns had nothing to do with that - it was government policy.
11 posted on
07/27/2011 3:50:14 PM PDT by
TenthAmendmentChampion
(Darwinism is to Genesis as Global Warming is to Revelations.)
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