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To: HLPhat

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.


61 posted on 07/06/2015 8:44:55 AM PDT by C. Edmund Wright
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To: C. Edmund Wright

>>The gov went after the biggies....with the pressure.

Was Ameriquest/Argent Mortgage a “biggie”?


62 posted on 07/06/2015 8:55:56 AM PDT by HLPhat (This space is intentionally blank.)
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To: C. Edmund Wright

>>Community Banks and Credit Unions, relatively, don’t do that many residential loans..

Well, maybe that’s what talking heads who wear squirrels for hair like folks to believe in Pottersville.

How’d it work in Bedford Falls according to George Bailey?


63 posted on 07/06/2015 9:02:32 AM PDT by HLPhat (This space is intentionally blank.)
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