Is the pending economic stimulus legislation an attempt to nationalize the home mortgage industry?

Question by Bopped: Is the pending economic stimulus legislation an attempt to nationalize the home mortgage industry? Seem like raising the caps on federally insurable mortgages and having the various gov’t underwriting agencies purchase unvetted portfolios of mortgages effectively nationalizes the home mortage industry. SInce I am reading that there may be $ 2 trillion… Continue reading Is the pending economic stimulus legislation an attempt to nationalize the home mortgage industry?