...Chair Sheila Bair delivered remarks noting that the majority of subprime loans originated from lenders not regulated by the CRA, calling it a "scapegoat" and declaring it "NOT guilty."
Freddie and Fanny didn't actually lend the money, they bought the loans from the banks. Meaning banks could make risky loans knowing the macks had to buy them. ...Economist Stan Liebowitz wrote in the New York Post OK. ... 2008 Nobel Prize in Economics winner Paul Krugman states that the notion "has been refuted up, down, and sideways." He's a proven moron so we know for a fact he's wrong. ...Fannie Mae CEO Franklin Raines said it might have been a catalyst encouraging bad behavior, but it was difficult to know Why the Mortgage Crisis Happened http://www.americanthinker.com/2008/10/what_really_happened_in_the_mo.html On Mon, Oct 18, 2010 at 12:37 PM, Eric Roberts <[email protected]> wrote: > > From the Wiki thqt sam posted... > > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Order the Adobe Coldfusion Anthology now! http://www.amazon.com/Adobe-Coldfusion-Anthology/dp/1430272155/?tag=houseoffusion Archive: http://www.houseoffusion.com/groups/cf-community/message.cfm/messageid:329311 Subscription: http://www.houseoffusion.com/groups/cf-community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/groups/cf-community/unsubscribe.cfm
