Refer to this New York Times article from 1999.
Fannie Mae Eases Credit To Aid Mortgage Lending
Fannie Mae, the nation's biggest underwriter of home mortgages, has been under increasing pressure from the Clinton Administration to expand mortgage loans among low and moderate income people and felt pressure from stock holders to maintain its phenomenal growth in profits.
But Paul Kanjorski will try to tell you the Democrats saved the economy. Where's the liberal press asking Kanjorski to explain that statement from their own liberal publication?