"Fannie & Freddie are prevented by law from making or buying sub-prime loans."
That is incorrect. From Freddie Mac's website: http://www.freddiemac.com/news/archives/corporate/2007/20070227_subprimelend ing.html They have bought subprime loans. And, they still do to this day except for New York state. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;207172674;29440083;f Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:271663 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
