Conn Carroll: Facts show Fannie, Freddie led mortgage market to the collapse
I think history will be very unkind to Fannie and Freddie Fans
Business • November 2011 • Views: 989
“it was not the banks that created the mortgage crisis. It was, plain and simple, Congress, who forced everybody to go and give mortgages to people who were on the cusp. … They were the ones who pushed Fannie and Freddie to make a bunch of loans that were imprudent, if you will.” - New York Mayor Michael Bloomberg
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