Has the government learned its lesson? Apparently, they haven't:
The housing agency's director, James Lockhart, suggested Tuesday that mortgage finance companies Fannie Mae and Freddie Mac could loosen lending standards to help more homebuyers qualify for a loan and stabilize the market. The government took control of Fannie and Freddie earlier this month. . . .
This is great: More loosening standards to solve the problem
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Oleh
abudzar
