“You mean the Government/Dodd-Frank legislation that mandated those loans to take place?”
I go back to those loans, that cost this country at least $6T in debt. Those loans were made by BANKERS and they sure as hell knew they couldn’t be repaid - but what the hell, safety in numbers - they can’t jail us all.
REGARDLESS of what the government wants, it is THEIR DUTY to stand up to that, not GO ALONG with it, just because they think they can get away with it.
Who is the They and Their that you are tossing around? The Bankers? The law stated they had to make the loans under threat of fines and audits. I blame Government first, bankers second. Frank, Dodd and every congresscritter who voted for this legislation should be in jail.