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Old 02-20-2009, 10:58 AM   #34 (permalink)
guyy
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Location: Cottage Grove, Wisconsin
The general thrust of Bush regulation of Freddie Mac and Fannie Mae was to shift lending to private companies, and the proposed oversight agency would have done exactly that. 84% of subprime mortgages were with private lenders, and as i pointed out above, that is where the problem was. The article you cite doesn't help your case at all.
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