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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: DuckTapeSunroof who wrote (48859)1/3/2012 3:10:44 PM
From: TimF  Read Replies (1) | Respond to of 71588
 
But if by 'the market' you mean sub-prime as a whole, (if you had read the article, or any of several others), it is certainly fair to point out that the WORST of the sub-prime was private label.

That's not a reply to the point that Fannie and Freddie created the market. (Not just in 30 year mortgages, but to a large degree in less than prime mortgages)

And again - Fannie and Freddie were hardly the only ways government action contributed to the bubble.