Except for one small detail: when FM & FM are handed a mortgage that the BANKS and BROKERS issued, the law states that if those mortgages are found to be bad loans, the banks must buy them back. When Barny took over in 2007, he insisted the banks start buying back those loans. Congress told him to shut up and then told the banks not to listen. THAT’s how FM& FM got stuck with almost a trillion in bad mortgages.Cheap swtor credits
Except for one small detail: when FM & FM are handed a mortgage that the BANKS and BROKERS issued, the law states that if those mortgages are found to be bad loans, the banks must buy them back. When Barny took over in 2007, he insisted the banks start buying back those loans. Congress told him to shut up and then told the banks not to listen. THAT’s how FM& FM got stuck with almost a trillion in bad mortgages.Cheap swtor credits