News Sources wrote an interesting post today on
Here’s a quick excerpt
Because nothing says “consumer protection” like pressuring banks into making loans to people who have no business taking them . Remember that subprime loans were at the heart of the financial meltdown that led to our current recession, and that all those subprime loans were the result of the government mandating and/or incentivizing their existence through regulatory pressure and manipulations through government-backed lenders Fannie Mae and Freddie Mac. Expect to see more bad mortgages

Read the rest of this great post here

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