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Mitt Romney's Freddie Mac-attack on Newt Gingrich has some blowback

As he tries to tie Newt Gingrich to the housing crisis in Florida, Mitt Romney’s criticisms of Freddie Mac are drawing attention to his own campaign and background, which are full of ties to the mortgage giant.

The Associated Press and Daily Caller report that top Romney advisers and surrogates were paid lobbyists and consultants for Freddie Mac and other interests in the thick of the housing crisis.

Among the consultant-lobbyists on Romney's team: Former Rep. Susan Molinari and Vin Weber.

Also, AP and the Democratic group American Bridge 21st Century has pointed out that one of Romney’s investments yielded $500,000 from the federally backed lender, Fannie Mae. Romney says it was derived income derived from a blind trust.

Then, CNN reported that Romney was a "distinguished panelist" at Fannie Mae Foundation housing conference in 2004 – just as the housing bubble started to inflate. But it was before Fannie and Freddie began taking on risking home loans.

Romney’s campaign told CNN that the governor was at the conference to tout his affordable housing initiatives.

Comments

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Johnnie2orlando

Newt was actually being paid by the chief lobbyist at Freddie Mac.

That is not the same as some of Romney's advisors having a past relationship with Freddie. Therefore, it is a bad comparison.

In the final analysis - was Gingrich lobbying for Freddie and Fannie? After my research I have decided that he was indeed "in bed" with Fannie and Freddie.

Given that our home and many of neighbors have underwater mortgages -I have decided to instead vote for Romney.

Gingrich seems to be turning out to be a slimy Washington politician with a tainted past. Floridians shouldn't support someone like Gingrich in my opinion

Romney 2 Left Of Obama

Romney did lobbying @ Bain & others. Romney's Campaign staff made MILLIONS PER YEAR PER PERSON as Direct Paid Freddie Mac & Fanny Lobbyists. Gingrich? not so much

NewtJersey2012

Johnnie2orlando

Johnnie, you should read the contract that says NO LOBBYING, rather than spread the lies of the Romney Machine. The second contract specifically says NO LOBBYING

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