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Posted by: Endoscopy 1 year, 2 months ago

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Endoscopy1 year, 2 months ago

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I responded to your foolishness above. CRA ratings are required for banks to grow and expand. They therefore looked at bad mortgages as a cost of doing business. The problem is nobody knew what would happen when there were too many of them.

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  djn3nunez31 year, 2 months ago
  
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  Your response is to Business Week. I'll repeat my favorite line from the article...
  
  Just the idea that a lending crisis created from 2004 to 2007 was caused by a 1977 law is silly
  
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