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Schumer Bill to Protect Subprime Victims

Well, whatchagonndo?

Schumer acts like a complete wienie when it comes to appointing an Attorney General, votes to weaken the voice of the anti-war movement, and otherwise irritates us no end. But then he goes and does something meaningful like introducing this bill and you’re glad he’s in the Senate. Thanks, dude, but you’re driving me nuts, already.

OpenCongress – S.2346

A bill to temporarily increase the portfolio caps applicable to Freddie Mac and Fannie Mae, to provide the necessary financing to curb foreclosures by facilitating the refinancing of at-risk subprime borrowers into safe, affordable loans, and for other purposes.

By Tommy Belknap

Owner, developer, editor of DragonFlyEye.Net, Tom Belknap is also a freelance journalist for The 585 lifestyle magazine. He lives in the Rochester area with his wife and son.