James Arthur Johnson was born on Dec. 24, 1943, in Benson, Minn., a small town along the Chippewa River where his Norwegian grandparents had settled. He said this was part of the American dream. “Never say you’re in the secondary mortgage market. and raise thousands for his campaign. Posted in American Consumers, Bank of America, Christopher Dodd, Current Affairs, Economy, Fannie Mae, Freddie Mac, Ginnie mae, Home Loan, Housing Crisis, JP Morgan | 3 Comments » Larry Doyle A Wall Street veteran's views and instincts on the markets, economy, and all things financial.