Quote:
Originally Posted by - Jesus Christ -
No law made them do that.
The conclusion that a community development act passed 30 years ago was the major contributor to this is nothing short of INSANE.
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Uhhh you say no law made them loan people truly unqualified but your reffered to the exact law that FORCED BANKS to loan to lower income ie unqualified households or face fines...
http://en.wikipedia.org/wiki/Community_Reinvestment_Act