The Motley Fool Discussion Boards

Previous Page

Retirement Discussions / Retire Early CampFIRE


Subject:  Re: Here We Go Again: CRA Back From the Dead Date:  1/25/2013  4:24 PM
Author:  CCinOC Number:  668309 of 795046

It doesn't take a Ph.D in economics to determine that if you demand banks make mortgage loans to people who don't meet normal lending criteria, the banks will be making lower-quality loans and more of those loans will go into default.

That's not what happened.

Government can't make Wall Street act against its ow