Did Obama Write a Letter Warning of Fannie/Freddie?

By: quill67 (Diary)  |  October 11th at 10:47 PM  | 

Below is Obama’s Letter. Do you see any mention of Fannie/Freddie? March 22, 2007 Dear Chairman Bernanke and Secretary Paulson, There is grave concern in low-income communities about a potential coming wave of foreclosures. Because regulators are partly responsible for creating the environment that is leading to rising rates of home foreclosure in the subprime mortgage market, I urge you immediately to convene a homeownership | Read More »