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Thursday, September 25, 2008

Downpayment Requirements Reduced in '99

Just in case anyone has any doubts about when Fannie Mae began to reduce downpayment requirements, thus opening up subprime loans to millions...

(This means Bill O'Reilly, who had the audacity to suggest that Clinton had nothing to do with it and it was all Bush's fault. Further, he said that all these "right wing idiots" have no idea what they're talking about it. That guy gets dumber with each passing day.)