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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Elroy Jetson who wrote (164594)11/15/2008 1:19:30 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>And you're suffering under the delusion that some mysterious unnamed regulator made them do this.<<<

Elroy,

How do you propose to determine for sure whether the Clinton admin wasn't squeezing the nuts of the local bankers to make ridiculous loans??? Surely you don't deny a lot of political pressure against "redlining."

If nothing else, FNE/FRE were buying the crap and thus enabling it through the creation of a secondary market.
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