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Top Subprime Mortgage Lenders
Anthony Said:
Why did Bush ask/order fannie mae to make 440 BILLION in subprime home loans to minorities in 2002?We Answered:
He done that for financial gain first for his friends and himself the second reason was that most of the time minorities are discriminated against the first reason was really what he wantedRobin Said:
Why does Fannie and Freddie keep getting blamed for the economic crisis?We Answered:
Straw man argument. No one is claiming that Fannie and Freddy were making the loans themselves.What they were doing was announcing that they wanted to buy these bad mortgages. The banks obliged by making more bad mortgages. Of course they are not blameless, and no one is saying they are. They made far more subprime loans than F&F were buying, and that's why they're failing too. But F&F did start the whole mess.
Christopher Said:
In 2002, why did Bush ask his fannie mae appointees to "make 440 BILLION in subprime loans to minorities"?We Answered:
And if this didnt happen he would be called racist by the dems that oversaw the program