Bush said a few things like you suggest and then he ALSO proposed reform many times when it was clear that the housing bubble was growing.
Democrats are far and away the major culprits in this whole area and for the economy in general. Focus your blame where it's due.
The deficit in 2005-06 was 574 billion. The highest in history.
Bush and Rove also kept the housing bubble growing, with their plan for “Increasing Minority Homeownership” by promoting no-do-payment loans.
In his speech at the White House Conference on Increasing Minority Homeownership, Bush said:
“The goal is, everybody who wants to own a home has got a shot at doing so. The problem is we have what we call a homeownership gap in America. ...
“And so what are the barriers that we can deal with here in Washington?”
“Well, probably the single barrier to first-time homeownership is high down payments. “