With Freddie and Fannie, the "diversity" outreach at the heights of the subprime mortgage crisis was a last-ditch attempt to keep the bubble growing; when it popped (pops), it left borrowers under-water, zapped their equity, and had "jingle" mail flowing through USPS. Same thing now. The bargains will be buying distressed properties when this bubble bursts. Well Fargo grew-up out of the ashes of Wachovia; along the way they stiffed creditors and shareholders and now claim "other" provenance; they still stink!