It has nothing to do with politics. Money was loaned to people without any
consideration of whether they could pay it back. What do
you think will happen? We need some kind of regulation that prevents a loan
from being resold unless the borrower has at least 20%
down payment invested. That would
KAM.covad wrote:
It has nothing to do with politics. Money was loaned to people without any
consideration of whether they could pay it back. What do
you think will happen? We need some kind of regulation that prevents a loan
from being resold unless the borrower has at least 20%
down
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