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Bill Clinton on Democrats and the financial crisis

Bill Clinton on Democrats and the financial crisis ... dfgkh 2346 ... Bill Clinton Fannie Freddie Financial Crisis democrats ...

Fannie Mae accused of widespread racial discrimination

In the release, the NFHA said that since 2009 it made efforts to work with the GSEs to correct their property preservation practices.

Freddie Mac looked into its practices and made good faith efforts to correct its business model, but Fannie Mae refused to take responsibility for its neglect in communities of color,” Smith said. “The difference between Freddie and Fannie properties is striking. We now rarely find disparities in Freddie Mac’s inventory. Fannie has to take responsibility.” 

The groups said that they investigated foreclosed properties for “deficiencies” that would affect the properties’ marketability and visual appeal. Among those deficiencies are broken, boarded or damaged windows and doors; unlocked doors and windows; damaged and obstructed gutters and downspouts; safety hazards; accumulated trash; overgrown lawns and shrubs; lack of “for sale” signs; and others.