Fannie Mae is now rolling out a program that lets lenders include income from non-borrowers within a household toward qualifying for a loan. Is this not leading to another “bubble” bust, or am I missing something?
Wasn't it the federal government strong-arming lenders into making loans to people whom a blind man could see were not qualified that led to the pain, grief and heartache of losing homes? Now, with a different twist, the feds are doing the same thing again. When are these stinking politicians who are so anxious for votes that they put forth ridiculous edicts like this going to learn?
Better yet — when are the people who vote for these morons going to do their homework and learn whom they are voting for? When will we be voting on politicians' platforms and past performance instead of on a 10-second sound bite that promises “a chicken in every pot,” and you end up with feathers?
Remember, as someone said, that those who don't remember history are doomed to repeat it. God help us all — this America that we know and love is going down the tubes.
Blanche Huckestein
West Deer
