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Home : Home Mortgage Loan : Jumbo Mortgage Loan : MSN Newsfeeds : Greed is to blame for housing, credit crisis - Los Angeles Daily News

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Greed is to blame for housing, credit crisis - Los Angeles Daily News

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Maybe we're wrong in simply blaming adjustable-rate loans for creating the quagmire in which the housing market is foundering. It turns out, the quasi-governmental Fannie Mae and Freddie Mac played a major role in the mess, as did private mortgage ...

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