Some time ago we mentioned a good WSJ editorial that explained the Housing Mess. There’s a link to it here: Barney Frank, Predatory Lender
If, after reading that article, you still believe Barney Frank’s rubble about how Wall Street caused the housing mess, you might want to read this editorial, ACORN and the Housing Bubble, published last week in the WSJ. It was written by Edward Pinto, chief credit officer at Fannie Mae from 1987 to 1989. He is currently a consultant to the mortgage-finance industry.
