09/30/99 - Predicted government bailouts

[omanalese]

http://http://query.nytimes.com/gst/fullpage.html?res=9C0DE7DB153EF933A0575AC0A96F958260
Fannie Mae Eases Credit To Aid Mortgage Lending

By STEVEN A. HOLMES Published: September 30, 1999

In a move that could help increase home ownership rates among minorities and low-income consumers, the Fannie Mae Corporation is easing the credit requirements on loans that it will purchase from banks and other lenders...

Link: http://query.nytimes.com/gst/fullpage.html...75AC0A96F958260

 

[wealthyboomer]

Besides this being OLD information, your point is??

 

[omanalese]

QUOTE (wealthyboomer @ Oct 24 2008, 05:08 PM) Besides this being OLD information, your point is??

Just thought it was interesting the fact that in 1999 they discussed how they might run into trouble with new lending practices and how the government will bail them out.