Ex-Gays Mad That Fannie & Freddie Gave Money To LGBT Activist Groups

Via Christianist "news site" One News Now:

The group Parents and Friends of Ex-Gays and Gays (PFOX) is outraged that even though government-backed mortgage giants Fannie Mae and Freddie Mac went broke and received a federal bailout, they still managed to give thousands of dollars this year to homosexual activist groups. PFOX executive director Regina Griggs says Freddie Mac shelled out $65,000 over the past two years to the Human Rights Campaign to help homosexual couples adopt children. The Freddie Mac Foundation has given more than $125,000 to homosexual activist groups over the last three years, and the Fannie Mae Foundation has given $80,000 to such groups in the past decade.

Shawn Flaherty, a spokeswoman for Freddie Mac, told PFOX that she was not sure whether the ex-"gay" group would meet grant guidelines. However, Griggs says Flaherty noted the Foundation focuses on three priorities -- stable homes, foster care and adoption, and youth development. "What could be more important than supporting marriage as a man and one woman, adoption by heterosexual couples, and how about telling youth the truth -- you're not born that way [homosexual], that change is possible?" she wonders. "It was interesting because her other comment was that 'the grants have not focused on the gay community. It's a piece of it.' That's my tax dollars silencing me, silencing our organizations, coming after [Christian non-profits]. This is unbelievable."

PFOX head troglodyte Regina Griggs insists that the money was only donated because Barney Frank's ex-boyfriend from twenty years ago used to work for Fannie Mae. Twenty years ago.

Fannie & Freddie Suspend Foreclosures

Well, the stock market dropped another jillion points today and now it's at about 50% of what it was a year ago. But at least Fannie Mae and Freddie Mac have announced a temporary suspension of home foreclosures. Via Calculated Risk:

Press Release from Fannie Mae (no link yet): Fannie Mae to Suspend Foreclosures Until January

In order to support the streamlined modification program announced on November 11, 2008, Fannie Mae (NYSE: FNM) today issued a notice to its loan servicing organizations and retained foreclosure attorneys directing them to suspend foreclosure sales on occupied single-family properties as well as the completion of evictions from occupied single-family properties scheduled to occur from November 26, 2008 until January 9, 2009.

The temporary suspension of foreclosures is designed to allow affected borrowers facing foreclosure to retain their homes while Fannie Mae works with mortgage servicers to implement the streamlined modification program scheduled to launch December 15.

Freddie Mac also announced they are suspending foreclosures.