Thursday, 25 September 2008

No Doubt They Thought It Was a Good Idea at the Time

Published: September 30, 1999

Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.

Read it all Here...

H/T TitusOneNine

Take Care

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