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A New Bill to Pull the Plug on GSEs and FHA

November 26, 2013 Fannie & Freddie, FHA/HUD 9 Comments
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The New Fair Deal Banking And Housing Stability Act of 2013 has arrive on the scene.

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Yes it has arrived and it’s more than likely going to get shot down of course.  And that’s a good thing for the most part.  I mean without the GSE’s and FHA, what the heck would we do.

We believe it’s grandstanding.  Someday when a politician screams stuff like “bad brokers, mortgages icky, GSE no good, bad FHA” people will say, “yeah, yeah.. get another platform to stand on”.   Man… time to find something of substance.  Hello…. They’re making a fortune over there, go like create jobs or something.

Anyway, you all have a wonderful Thanksgiving!

Frank & Brian

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