re: #458 Obdicut

Yes. But that’s not most of the loans. Most of the loans had nothing to do with any such regulations.

Here’s a good consumer affairs report on it, based off of a university study.

[Link: www.consumeraffairs.com…]

I guess it depends on which people you listen to. But I also mentioned having Fannie there to buy up loans that never should have been given out. There was plenty of rumblings from 1999 all the way through the collapse about how much exposure Fannie had due to subprime nonsense.