But there was also a third strand woven throughout the book, one that tried to blame Fannie Mae (and, to a lesser extent. created the subprime bubble precisely because Fannie would not buy those.

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Fannie Mae, Freddie Mac, the FHA and the Veterans Administration backed nearly 97 percent of home mortgages in the first quarter of this year, according to trade publication Inside Mortgage Finance..

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Lowest Allowable Interest Rate Index of Applicable Federal Rates (AFR) Rulings – Each month, the IRS provides various prescribed rates for federal income tax purposes. These rates, known as Applicable Federal Rates (or AFRs), are regularly published as revenue rulings. The list below presents the revenue rulings containing these AFRs in reverse chronological order, starting with January 2000.

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