Which of the following is NOT correct concerning the housing collapse and financial crisis of 2008? Group of answer choices Fannie Mae and Freddie Mac were two government sponsored institutions at the heart of the crisis. Some politicians who were supposed to be regulating the housing finance industry received favorable financing from loans companies back by Fannie Mae and Freddie Mac. Fannie Mae and Freddie Mac were allowed to fail and went bankrupt after the housing crisis and are no longer in operation today. Congress and the president put pressure on Fannie Mae to facilitate the financing of loans to low income and minority families