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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (229025)8/9/2013 10:23:59 AM
From: Bread Upon The Water  Respond to of 542940
 


1. The Community Reinvestment Act of 1977 was irrelevant to the subprime boom, which was overwhelmingly driven by loan originators not subject to the Act.


But didn't Fannie and Freddie still have to buy these privately originated loans?

Let me read the other articles you posted first. Maybe they address that.