From 2010, includes “… Cuomo, who was secretary of Housing and Urban Development from 1997 to 2001, has been blamed in some quarters for helping to trigger the financial crisis by pushing Fannie and Freddie to buy more subprime mortgages to increase home ownership among the poor. Many of those homeowners eventually defaulted, and the mortgage-backed securities market later collapsed. … ‘His lack of financial acumen may prevent him from doing the right things even if he wants to … You just don’t want someone with that type of lack of understanding of the financial system running a state as important as New York."