• Posted by Clay
  • On October 7, 2008

  • Filed under Politics

  • No Comments

The Economy

Here’s an interesting article.  I suggest that anyone blaming the current administration for all of the current credit mess read Fannie Mae Eases Credit To Aid Mortgage Lending

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.

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