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Loan Modification
: Mortgage Lender Implode-o-MeterCuomo's house of cards
By Implode-Explode Heavy Industries
It is common knowledge that subprime mortgages enabled by Fannie Mae and Freddie Mac became the weapons of mass destruction which brought down the major financial institutions and created the current recession.
So who are the people who controlled Fannie and Freddie as they took the world down the path of financial destruction and what are they up to now?
For starters there is Andrew Cuomo. Yes, Andrew Cuomo, the very same person who now conceals his major role in the worldwide financial train wreck in hopes an uninformed electorate will make his governor of New York.
Full post as published by Mortgage Lender Implode-o-Meter on September 19, 2010 (boomark / email).
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