yes, we know that it was not said (as much as I would have liked it to be true, lol):

http://azconserv1.wordpress.com/2010/05/15/president-wants-lebron-james-to-sign-with-bulls/

By John Semmens: Semi-News — A Satirical Look at Recent News

Democrats Vote Down 5 Percent Rule

In a bid to stem taxpayer losses for bad loans guaranteed by federal housing agencies Fanny Mae and Freddy Mac, Senator Bob Corker (R-Tenn) proposed that borrowers be required to make a 5% down payment in order to qualify. His proposal was rejected 57-42 on a party-line vote because, as Senator Chris Dodd (D-Conn) explained, “passage of such a requirement would restrict home ownership to only those who can afford it.”