He should be called the "cell block queen" after all the shi^ he's pulled on America.
In addition as if we already haven't been down this road with the criminal Elmer Fudge he want's to relax the new rules put in place that caused all this banking mess in the first place.
WTF is going on in this country!!!???
THIS MAN SHOULD BE IN PRISON AND YESTERDAY FOR THE LAST TIME, NOT TOMORROW...and here he want's to do it all over again.. Enough of this person, I've had it with this moron.
Fannie, Freddie asked to relax condo loan rules: report
Reuters: "(Reuters) - Two U.S. Democratic lawmakers want Fannie Mae and Freddie Mac to relax recently tightened standards for mortgages on new condominiums, saying they could threaten the viability of some developments and slow the housing-market recovery, the Wall Street Journal said.
In March, Fannie Mae (FNM.N)(FNM.P) said it would no longer guarantee mortgages on condos in buildings where fewer than 70 percent of the units have been sold, up from 51 percent, the paper said. Freddie Mac (FRE.P)(FRE.N) is due to implement similar policies next month, the paper said.
In a letter to the CEO's of both companies, Representatives Barney Frank, the chairman of the House Financial Services Committee, and Anthony Weiner warned that a 70 percent sales threshold 'may be too onerous' and could lead condo buyers to shun new developments, according to the paper." more
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