when was it? in october. the mortgage bankers association conference, and traditionally before we got into the housing market collapse, this was a conference that fannie and freddie went to, to convince the banks to work with them rather than working with other insurance companies. back in the housing bubble, fannie and freddie had to compete with business. now there s no competition because the private market has pulled out. so, all of the banks bring all of their businesses to fannie and fedie or the fha, so people are raises questions, why are they sponsoring the conference and wining and dining the bankers because the bankers are givg them all their business because they re the only game in town. i think, have they lost their minds? $640,000 in this environment, and is a understand it from the reporting, it was to listen to the land chicago, former governor jeb bush. david axlerod.
when was it? in october. the mortgage bankers association conference, and traditionally before we got into the housing market collapse, this was a conference that fannie and freddie went to, to convince the banks to work with them rather than working with other insurance companies. back in the housing bubble, fannie and freddie had to compete with business. now there s no competition because the private market has pulled out. so, all of the banks bring all of their businesses to fannie and fedie or the fha, so people are raises questions, why are they sponsoring the conference and wining and dining the bankers because the bankers are giving them all their business because they re the only game in town. i think, have they lost their minds? $640,000 in this environment, and is a understand it from the reporting, it was to listen to the land chicago, former governor jeb bush. david axlerod.