Fannie and Freddie systematically reduced underwriting standards to meet government regulatory requirements and to curry favor with the political class.
Editor's note · Context
Critique of Fannie Mae and Freddie Mac's actions influenced by government policies.
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I would like to begin by first thanking Chairman Hensarling and Ranking Member Waters for working to establish this important task force.
If they see justice being served at least in another jurisdiction, even if not in their own, that will be very encouraging to them.
Criminal enterprises have relied on this method of illicit financing for years. However, many believe that this is an emerging technique now being used by terrorist groups to finance their violent and oppressive operations.
As we continue to grieve and pray for those devastated by this attack, we must redouble our efforts to be clear in our resolve to protect our Nation and her citizens from radical Islamic terrorism that continues to target us.





