Abusive Lending Practices Came From Democrats, Not Republicans
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judalation, The absence of religion produces deceived people like you. "The thousands of mortgage defaults and foreclosures in the "subprime" housing market is the direct result of thirty years of government policy that has forced banks to make bad loans to un-creditworthy borrowers. The 1977 Community Reinvestment Act (CRA), which compels banks to make loans to low-income borrowers "communities of color" that they might not otherwise make based on purely economic criteria. "
goodnightfolks 2 weeks ago
Good credit, bad credit, no credit, no problem. This is the democrats motto when it comes to lending tax payers dollars. GM, Bank of America, Goldman Sacks Solyndra and this goes on and on.
Bodrupinhammer 2 weeks ago
This is absolutly untrue... Firstly, The Banks lobbied the government to have regulations removed. Secondly, The Banks practiced racist sub prime loans and abusive lending practices because they were profitable.. not because they were "forced" by the government... and lastly... KEEP YOUR PATHETIC RELIGIOUS IDEAS OUT OF POITICS... didnt Bank of America target blacks for sub prime loans?
JUDALATION 4 weeks ago
HAHAHA WHAT A JOKER "
stonethugmusic 4 weeks ago