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Keyword: pnsischeme

Federal Government Was Culprit in Housing and Economic Crisis.

07/08/2009 8:10:24 AM PDT · by edcoil · 29 replies · 1,945+ views
CNSNews.com ^ | 07-08-09 | edcoil

Fannie Mae and Freddie Mac were the chief culprits in the housing crisis because they encouraged people who could not afford payments to borrow money, according to a congressional report released Tuesday.

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