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- Claim Text
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Peter Wallison, senior fellow emeritus at the American Enterprise Institute, explained to Reason that, of the "28 million subprime or very weak mortgages [in 2008]….20.4 million were on the books of government agencies like Fannie Mae and Freddie Mac…that were holding them as a requirement of the Community Reinvestment Act."
- Simplified Text
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Peter Wallison stated that in 2008, 20.4 million of 28 million subprime mortgages were held by government agencies like Fannie Mae and Freddie Mac due to the Community Reinvestment Act.
- Confidence Score
- 0.900
- Claim Maker
- Peter Wallison
- UUID
- 982de9f3-c2e3-4ea2-bc6e-8236c675d18b
- Vector Index
- ✗ No vector
- Created
- December 6, 2025 at 12:31 AM (4 months ago)
- Last Updated
- December 6, 2025 at 12:31 AM (4 months ago)
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5 months ago
https://reason.com/2025/11/12/the-trump-administrations-latest-housing-fix-could-inflate-another-bubble
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