How Damned Generous of You Fannie Mae (FU fannie mae -- ending with a rant)

[rpannier]

Fannie Mae forgives loan for woman who shot herself:

Fannie Mae said it will set aside the loan of a woman who shot herself as sheriff's deputies tried to evict her from her foreclosed home.

Addie Polk, 90, of Akron, Ohio, became a symbol of the nation's home mortgage crisis when she was hospitalized after shooting herself at least twice in the upper body Wednesday afternoon.

On Friday, Fannie Mae spokesman Brian Faith said the mortgage association had decided to halt action against Polk and sign the property "outright" to her.

snip

U.S. Rep. Dennis Kucinich, D-Ohio, mentioned Polk on the House floor Friday during debate over the latest economic rescue proposal.

"This bill does nothing for the Addie Polks of the world," Kucinich said after telling her story. "This bill fails to address the fact that millions of homeowners are facing foreclosure, are facing the loss of their home. This bill will take care of Wall Street, and the market may go up for a few days, but democracy is going downhill."

link:
http://edition.cnn.com/2008/US/10/03/eviction.suicide.attempt/index.html

Let me repeat:

FU fannie mae. It takes a 90 year old trying to kill herself to get you to reconsider your position of throwing her out in the street.
SCREW YOU Fannie Mae.
SCREW YOU financial sector.
SCREW YOU House republikkans for your refusal to allow a provision protecting people in threat of forclosure in that bloated piece of crap you call a bailout bill.
F ALL OF U!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[whistle]

1. British, Dutch and Spanish Banks making their moves on American assets

...the legacy of Alan Greenspans credit based derivatives.

FOLLOW THE MONEY!

[elifino]

2. The person approving the loan should have to repay.

[soothsayer]

3. Fannie didn't make the lady default on her mortgage. They offer all kinds of 'workout' programs to

help folks stay in their homes. I'm not sure what went wrong here, but I think it's nice they forgave the loan ultimately. Bad precedent, though, for other foreclosed folks.