>>gov regulation is what started this.
And yet there are local Community banks and Credit Unions who didn’t swallow the sub-prime manure.
How do you explain that FACT?
The gov went after the biggies....with the pressure. When the Community Reinvestment Act and other regs kicked in, the protests and pressures weren’t focused on little banks...the focus was on the bigs.
Community Banks and Credit Unions, relatively, don’t do that many residential loans....and credit unions are covered under different regulations anyway.
nice try, you’re like oh for four here.
But do keep digging.