Political Quotes

MICHAEL GRIMM: “The subprime loans were sold to Fannie Mae and Freddie Mac, sold to the government, which put taxpayers at massive risk.”

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.
Said by
MICHAEL GRIMM
New York

Editor's note · Context

Grimm draws a comparison between past subprime loans and current lending practices to highlight potential risks.

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More from MICHAEL GRIMM

Mar 26, 2014

Simply put, they completely miss the mark. It is actually the veteran that may have Post Traumatic Stress that is actually training the dog.

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Nov 18, 2013

I agree with you that after a hurricane, to rebuild just the way it was doesn't make sense.

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Mar 26, 2014

This audit was released over a year ago and to this day, the complaints of poor service from the VA to schedule timely medical appointments is still one of the most frequent by veterans in my district.

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Apr 7, 2014

You can't put the standard of 'guilty until proven innocent.'

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