But, he also tried to reel in Fannie & Freddie.
Too little too late.
They did nothing on the rampant fraud by mortgage bankers and appraisers that was widespread etc.
He is not solely to blame but he contributed his part to the mess.
Bush may have made a half-hearted effort to moderate the Democrat cesespool that was Fannie and Freddie, but he pushed ever greater mortgages to minorities who couldn’t afford them, which was the cause of the crisis.
Bush may have made a half-hearted effort to moderate the Democrat cesspool that was Fannie and Freddie, but he pushed ever greater mortgages to minorities who couldn’t afford them, which was the cause of the crisis.