Political Quotes

On the recordMarch 5, 2013
Fannie and Freddie systematically reduced underwriting standards to meet government regulatory requirements and to curry favor with the political class.
Said by
Michael Fitzpatrick
Republican · Pennsylvania

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.

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