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In 2002, why did Bush order 440 BILLION in subprime loans from fannie mae/freddie mac?

Here is the video...go to the 4 minute mark to hear him say it.
http://www.youtube.com/watch?v=kNqQx7sjo S8

Here is the offical white house text of that speech he gave in atlanta on june 17, 2002.
http://georgewbush-whitehouse.archives.g


Because the Tea Party only cares about their so called bogus "cause" when it's not a Republican. How many millions of republicans supported Bush during those times, how many republican politicians supported Bush during those times. All of a

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Subprime mortgage crisis - Wikipedia, the free encyclopedia
Subprime loans have a higher risk of default than loans to prime borrowers.[18] If a borrower is delinquent in making timely mortgage payments ...

Subprime lending - Wikipedia, the free encyclopedia
For the 2007 house mortgage crisis, see Subprime mortgage crisis. In finance, subprime lending (also referred to as near-prime, non-prime, and ...

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concerned about the growing use of adjustable rate mortgage (ARM) products ... regulation in the mortgage market and clarify how providers can offer subprime loans in a ...

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A subprime mortgage is for those with low credit scores. While controversial, subprime mortgages are sometimes the only way for certain peope to get home ownership.