AN UNBIASED VIEW OF 2009 LOAN

In his lone dissent to the majority and minority opinions of the FCIC, Commissioner Peter J. Wallison with the American Company Institute (AEI) blamed U.S. housing policy, including the steps of Fannie & Freddie, mostly for the crisis, crafting: "In the event the bubble began to deflate in mid-2007, the small excellent and substantial risk loans en