Dems defend Freddiemac and Fanniemae
more about " Democrats in their own words Fannie …", posted with vodpod
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pecanpii
October 2, 2008 at 1:29 am |
To keep up with Wall Street expectations, Fannie Mae held onto more mortgages and mortgage-backed securities for investment purposes. The same practice nearly drove the company into bankruptcy in the early 1980s. Once again it was spared in 2008.
nomedals.blogspot.com