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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Live2Sail who wrote (139015)8/4/2008 5:17:27 PM
From: Les HRead Replies (3) of 306849
 
except one of the board members brought up the problems with subprime lending as early as 2000. 20-25 states passed predatory lending laws from 2001 to 2003 only to have them shot down by the Bush administration. if the states, cities, and other jurisdictions were regulating the banks, the Fed had to have known what was happening.
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