Comment Re:What the hell are you talking about? (Score 1) 496
It's doubtful that the other guys would have existed without Fannie or Freddie. Id have to read up on my history of mortgage backed securities, but I am pretty sure it is Gennie, Fannie, and Freddie that invented the market and made space for the private guys.
So you are right I blame Fannie, Freddie, and the other people that copied them.