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Politics : View from the Center and Left
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To: Bread Upon The Water who wrote (228974)8/8/2013 11:26:45 AM
From: Sam  Read Replies (1) of 542674
 
. Obviously Freddie and Fannie were not up to the job partially because of the mandates congress imposed upon them about having to make loans in unsafe (redlined) areas, and to have to loan to people who by normal banking standards would not qualify.

Actually, that "obvious" fact isn't true, it is just another RW slant trying to blame FRE and FNM, as well as of course Frank and Dodd. I'll try to remember to look up one of the several articles that discussed it later on.
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