{"id":18974,"date":"2014-11-29T09:08:07","date_gmt":"2014-11-29T14:08:07","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=18974"},"modified":"2014-11-29T11:09:29","modified_gmt":"2014-11-29T16:09:29","slug":"martha-coakley-gets-a-partial-win-on-foreclosures","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2014\/11\/29\/martha-coakley-gets-a-partial-win-on-foreclosures\/","title":{"rendered":"Martha Coakley Gets a Partial Win on Foreclosures"},"content":{"rendered":"

Boston Magazine<\/em> has the article Martha Coakley Gets a Partial Win on Foreclosures<\/a>.<\/p>\n

In a decision announced Tuesday, the Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to start selling back foreclosed properties to their previous owners, either directly or through third-party organizations. Their previous refusal to do so was the impetus for a Massachusetts state law and subsequent lawsuit, brought by Coakley\u2019s Attorney General office.
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\nThe new policy will apply only to some 125,000 current Fannie and Freddie holdings, but not those foreclosed on in the future.
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\nFederal officials have expressed concerns that the policy could encourage home owners to go through foreclosure in order to buy back their homes at the current, lower price.<\/p><\/blockquote>\n

Apparently the Fannie Mae and Freddie Mac see great moral hazard in the poor getting a break in the real estate collapse caused by the wealthy, criminal bank executives.\u00a0 It is also apparent that they see no moral hazard in these same crooks being able to take advantage of the very collapse they caused.\u00a0 This is not even counting the break these criminals got by being able to stay out of jail.\u00a0 Fannie Mae and Freddie Mac were willing to go out of their way to prevent poor homeowners from getting any relief and for prolonging the real estate collapse rather than allowing even a few petty crooks to take\u00a0 advantage the way the gigantic crooks did.\u00a0 Maybe they don’t understand that even if all 125,000 aggrieved former\u00a0 home owners got an unfair break, it wouldn’t come anywhere near the damage that the 5 biggest banks in this country caused.<\/p>\n

<\/span>Sarcasm Alert<\/div>
But don’t attribute these double standards to class warfare. Only flaming liberals believe there is class warfare.<\/div><\/div>\n

Thanks to Jacquelyn Wells for posting this on her Facebook page<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Boston Magazine has the article Martha Coakley Gets a Partial Win on Foreclosures. In a decision announced Tuesday, the Federal Housing Finance Agency (FHFA) ordered Fannie Mae and Freddie Mac to start selling back foreclosed properties to their previous owners, either directly or through third-party organizations. Their previous refusal to do so was the impetus […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-18974","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/18974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=18974"}],"version-history":[{"count":7,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/18974\/revisions"}],"predecessor-version":[{"id":18981,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/18974\/revisions\/18981"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=18974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=18974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=18974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}