YES! When you watch the house of cards video from 2009 , you will hear the mortgage originator talk about the strong rules set up by the GSE's that were done away with by Wall Street in 2002-2005. We had at least one gse for 70 years with no bubbles. Then their market share gets restricted 2002-2005 and surprise look what happens. Yes, the(gse's)did buy subprime from wall street in 2005-2007 so are at fault somewhat for what happened. The republicans need to kill the gse's, so they can complete the rewriting of history for what caused the crisis.
By the way, what about the person who was lied to and given subprime loan when they qualified at prime rates. Many of those were minorities or women.
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