The Government-Made Subprime Mortgage Meltdown
by Thomas J. DiLorenzo
by Thomas J. DiLorenzo
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The thousands of mortgage defaults and foreclosures in the "subprime" housing market (i.e., mortgage holders with poor credit ratings) is the direct result of thirty years of government policy that has forced banks to make terrible loans to un-creditworthy borrowers. The policy in [...]
Articles tagged with: cra loans
Written By: aaren on November 29, 2009
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