Over at OTB, Steve Verdon restates what I’ve been saying here for weeks:
An older article, but relevant.
It is important to understand that, as GSEs, Fannie and Freddie were viewed in the capital markets as government-backed buyers
As Ed Morrissey points out, 2005 would be the year John McCain made this speech:
Mr. President, this week Fannie Mae’s regulator reported that the company’s quarterly reports of profit growth over the past few years were “illusions deliberately
Continue reading about They’re Trying to Duck the Blame…. Don’t Let Them