2012-07-21wsj.com

Raines: Don’t Blame Homeowners, Government for Housing Bust - Developments - WSJ
Associated Press
Former Fannie Mae CEO Franklin Raines, shown in this file photo from 2008.

The former chief executive of Fannie Mae, in a rare public appearance Friday, argued that government policies weren’t the main cause of the housing bust, and that the government shouldn’t stop pushing to expand home ownership.

Speaking on a panel

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