Limbaugh falsely asserted "Banking Queen" Barney Frank "created" subprime mortgage crisis

SUMMARY: Rush Limbaugh falsely asserted that Rep. Barney Frank "created the problem" of the subprime mortgage crisis, claiming that Frank's "definition of affordable housing was to make sure that people who couldn't pay the loans back got the loans, the mortgages. He forced Fannie Mae and Freddie Mac to do this." In fact, Frank has advocated for policies that emphasize low-income home rentals as opposed to homeownership and supported legislation to strengthen oversight over Fannie and Freddie.

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