no it wasn’t Bush’s fault.
It was the Community Reinvestment Act. Bush tried to reign in Freddie and Fannie but Barney Frank would have none of it. It was really Barney Frank’s fault.
Bush’s words, not mine....
Watch this video/audio of Bush speech pushing home loans for unqualified minorities.
“Minority with bad credit history, you don’t have to have a have a lousy home for first time home buys, low income home buyers can have as nice as home as anyone else.”
https://www.youtube.com/watch?v=GkAtUq0OJ68
This Bush speech occurred just several years prior to the epic collapse.