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.

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True. However The bill that allowed this to happen was supported by both parties overwhelmingly. They're all to blame.

Even then the bill didn't tell them to give $300,000 mortgages to single mothers with 2 kids who worked at a grocery store. They did that all on their own.

The democrats were nose deep with Fannie Mae and blocked
EVERY attempt to stop what was obviously a huge problem.

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Why didn't Bush and a Republican controlled Congress do anything for the first 6 years of his presidency? How could they block it with both the Senate and the House having a Republican majority?

Wright is in no way harmless.

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What danger does he pose?

Thomas Woods wrote: And several key democrats received shocking levels of financial support from them over the years. The top 2 being Chris Dodd and Barack Obama.

Going by the link supplied by Michael Roberts above, I'd hardly call $126,349 "shocking levels of financial support".  Also, given that McCain's campaign has profited from contributions in excess of $160,000 from directors, officers, and lobbyists of Fannie Mae and Freddie Mac while those same individuals only contributed $16,000 to Obama, I think we can call this one a draw.

 There are several sources you can go to, both text and video that lays it all out
to see.

********

Links.

Edited to add: Looking for one that specifically shows how the Dems blocked it. Seeing as how the Senate and the House were in Republican control at the time.