The New York Times reprinted an article, Fannie Mae Eases Credit to Aid Mortgage Lending by Steven A. Holmes that was first published September 30, 1999.  The story described how Fannie Mae was under pressure to expand mortgage loans to extend home ownership to millions of people.  It is sobering to read Peter Wallison's statement from 9 years ago, "If they fail, the government will have to step up and bail them out the way it stepped up and bailed out the thrift industry."


Villas at Flintrock Falls
Luxury Golf Course Homes in Flintrock Falls
Lakeway, Texas - just outside Austin
512-263-6992
www.VillasAtFlintrock.com