Depends on what you cal "evidence".
At the very least Frank was wrong when he said that Fanny and Freddie were secure and represented no danger.

see this article for a detailed presentation:
http://www.discoverthenetworks.org/Articles/Democratic%20Coverup%20for%20Fannie%20and%20Freddie.html

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1982 300SD " Wotan" ..On the road as of Jan 8, 2007 with Historic Tags