Fannie Mae has been under increasing pressure from stock holders to maintain its phenomenal growth in profits. (Article from 1999 - how we got here)
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written by fwdunbar 55 days ago
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Bill Clinton forced change on lenders to loosen restrictions and widen the forms of income (i.e.; welfare, social security, etc.) used to determine whether someone could afford to pay back loans...that ticking bomb finally explodes and its who's fault??
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Bill Clinton forced change on lenders to loosen restrictions and widen the forms of income (i.e.; welfare, social security, etc.) used to determine whether someone could afford to pay back loans...that ticking bomb finally explodes and its who's fault??