On the recordJuly 23, 2012
The subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.
Source
congress.govThe subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.
Grimm draws a comparison between past subprime loans and current lending practices to highlight potential risks.
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