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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (145739)	9/11/2014 12:51:43 PM
From: John Vosilla	Read Replies (1) \| Respond to of 149317

It was trickle down starting with our politicians looking the other way and WS unchained. Pressure ultimately moved down the food chain to mortgage lenders, the banks, then ultimately the little guy like the realtors , mortgage brokers and appraisers to make the numbers fit and look the other way or be out of business. Fannie/Freddie percentage of the secondary market dropped substantially during the peak of the NINJA loan bubble when WS was packaging the subprime garbage bypassing Fannie/Freddie especially in 2005-06