From his GWB speech in 2002 it looks like his reform of Freddie and Fannie were getting them to give out bad loans to minorities with bad credit to secure their votes in the next election 2004, it didnt work out too well in 2008 after they lost those homes they couldnt afford.
The Bush administration introduced 15 bills to regulate Fanne Mae and Freddie Mac. All of them never made it out of committee.