« Back to story "Obama Sued Citibank Under CRA to Force it to Make Bad Loans"

Story Comments

Posted by: jordan11 1 year, 2 months ago

This page is a permanent archive of the comment below and its replies.
To view this comment in the context of the full discussion for the story, use this link.

All Comments Share Story Report

  • 100%
    jordan111 year, 2 months ago

    This comment is below the standard viewing threshold View It »

    Based on my income, I was given a set amount I could afford for a house.>>>>

    That's right. And it's no more than was asked of fannie and freddie....to make loans available to low income people they could afford. NO ONE told them to offer loans people could not afford. No one told them to make loans with adjustable rate mortgages, that would increase payments beyond the buyers ability to pay. ALL that Obama asked was that the loans were not decided by redlining.
    NO ONE said make their lives worse by getting them into financial trouble. You have to make that distinction before you can claim to have any understanding of this.

    (comment_max_expanded_depth : 55) (comment depth : 5) (recursion depth : 1) (max_comment_reply_depth : 40) (comment_max_render_depth : 55)
    Reply
    loading loading ...

    Post Reply

    You are not signed in to Propeller.com. Please sign in to post a reply.

    People Who Liked This Comment (1)

    People Who Didn't Like This Comment (0)

    No one voted this comment negatively.