Most of the issues that have come up in regards to the Freddie and Fannie mess were instituted by Democarts. Here is another example of the continues payoff of the Democrats and their cohorts. There is much more linked over at HotAir in regards to this post:
Creator of Freddie Mac’s Home Possible goes to FHA
Yesterday, the Obama administration announced the appointment of David Stevens to run the Federal Housing Administration (FHA). The appointment got little attention from the media, but his Senate confirmation hearing might prove more interesting. Stevens will have to explain his work for Freddie Mac in the years when the mortgage giant fueled a lending frenzy, mostly through Stevens’ own work on a program called Home Possible....
