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09/30/99 - Predicted government bailouts
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09/30/99 - Predicted government bailouts
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omanalese
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24 Oct 2008 1:39 PM
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09/30/99 - Predicted government bailouts
Fannie Mae Eases Credit To Aid Mortgage Lending
By STEVEN A. HOLMES Published: September 30, 1999
In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders...
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http://query.nytimes.com/gst/fullpage.html...75AC0A96F958260
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wealthyboomer
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09/30/99 - Predicted government bailouts
Besides this being OLD information, your point is??
Don't Shoot The Messenger!
omanalese
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09/30/99 - Predicted government bailouts
QUOTE (wealthyboomer @ Oct 24 2008, 05:08 PM)
Besides this being OLD information, your point is??
[/quote]
Just thought it was interesting the fact that in 1999 they discussed how they might run into trouble with new lending practices and how the government will bail them out.
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