Posted on 09/26/2008 6:08:58 PM PDT by Killersaurus
... Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
In addition, banks, thrift institutions and mortgage companies have been pressing Fannie Mae to help them make more loans to so-called subprime borrowers. ...
(Excerpt) Read more at query.nytimes.com ...
Wish you could get someone besides freepers to read this.
Shocking Video Unearthed Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam that caused our Economic Crisis.
http://www.youtube.com/watch?v=_MGT_cSi7Rs
At a 2004 hearing see Democrat after Democrat covering up and attacking the regulations to protect Fannie Mae and Freddie Mac (their Cash Cows) that are now destroying our economy because the Democrats let them cheat.
How many months have Democrats owned Congress. Didn’t take them long to destroy the country and the world.
> Democrats in their own words Covering up the Fannie Mae, Freddie Mac Scam
That group of RATs shall be known as the “Fannie Pack”.
Bwany Fwank is therefore the chief Fannie Pack’er.
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