warrl wrote: And we cannot afford more insane lending. We should be thanking lenders for not loaning money to bad credit risks - not criticizing or prosecuting them.

The article isn't blaming bankers. It's explaining how difficult lending is these days, how that difficulty is suppressing the housing market, and why lenders are loathe to relax underwriting standards even a little bit.

That article isn't blaming bankers, but the fact is that our beloved benevolent national government is still threatening penalties and sanctions against banks that don't make enough loans to people who can't reasonably be expected to pay them back.