Factcheck.org accressed the claim that McCain and Palin are making regarding McCain calling for reforms regarding Fannie and Freddie 2 years ago. This is what they said:
McCain in the Vanguard of Mortgage Reform?
Palin said that McCain had sounded the alarm on Fannie Mae and Freddie Mac two years ago.
Palin: We need to look back, even two years ago, and we need to be appreciative of John McCain's call for reform with Fannie Mae, with Freddie Mac, with the mortgage-lenders, too, who were starting to really kind of rear that head of abuse.
Palin is referring to a bill that would have increased oversight on Fannie and Freddie. In our recent article about assigning blame for the crisis, we found that by the time McCain added his name to the bill as a cosponsor, the collapse was well underway. Home prices began falling only two months later. Our colleagues at PolitiFact also questioned this claim.









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