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This one via Jeff Miron:

The U.S. government’s massive share of the nation’s mortgage market grew even larger during the first quarter.

Government-related entities backed 96.5% of all home loans during the first quarter, up from 90% in 2009, according to Inside Mortgage Finance. The increase was driven by a jump in the share of loans backed by Fannie Mae and Freddie Mac, the government-owned housing-finance giants.

2 Responses to “Fun Facts to Know and Tell”

  1. Harry says:

    Speaking of fun facts, I had no idea that in 2008 72.3% of all black births were out of wedlock. That is actually not fun at all, nor is the rate for whites of 28.6, or the Hispanic rate of 52.5.

    Many people should be sent to the stocks for their irresponsibility. It is not as if we haven’t had the pill, easily obtained by anybody with the sense of an amoeba, and what about our Middle School sex education classes that teach condom technique?

    Clearly we provide too many incentives to short-sighted adolescents, including thirtysomethings.

    Time for tough love. If you are looking fondly at the big pieces in the garbage pail, come into my house and find shelter. Otherwise, take a hike, and get a job. Take care of your own children.

  2. Harry says:

    Another Fun Fact: Mary O’Grady reports Venezuela is short of coffee.

    But then it’s just coffee, right?

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