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To: Sons of Union Vets
September 11, 2003 New Agency Proposed to Oversee Freddie Mac and Fannie Mae

The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.

27 posted on 09/04/2011 11:39:16 AM PDT by 1066AD
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To: 1066AD

“The Bush administration today recommended the most significant regulatory overhaul in the housing finance industry since the savings and loan crisis a decade ago.”

That was far too late as a year earlier the Bush Administration was proposing spending hundreds of billions on minority home ownership.


31 posted on 09/04/2011 11:43:36 AM PDT by trumandogz
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