Quote:
Originally Posted by aceventura3
Perhaps there is. Perhaps increased regulation lead to the problems at Fannie Mae. Here is a tidbit, perhaps an inquiring mind would want to dig into regarding your position on the issue.
HUD Forced Fannie Mae/Freddie Mac To Increase Loans For Mobile Homes - Say Anything
You may argue, oh that's nothing, just a blip. But I argue the blips add up, and clearly Washington was involved in directing some of Fannie Mae activities, even during the time you would argue regulation and oversight was getting lax.
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It's relative, though. Compare the total amount of regulation in 2004 vs. 1997. Then things become clear.