Greed is good.
Greed at the taxpayer’s expense is not good.
Fannie/Freddie and the Investment Banks that were their partners (e.g, Corzine) are the problem.
Also, borrowers need to receive a large chunk of the blame. Without them, there was no demand for CRA and Fannie/Freddie products.
“Also, borrowers need to receive a large chunk of the blame.”
Borrowers cannot borrow if there is no credit extended to them. Inflation is the problem.