Sorry, but the use of the name Barney Frank and the term "predatory" in the same sentence should really be discussing a different topic all together.
LOL!
(Sorry....couldn't resist).
IMHO, after 9/11 and onset of the recession, the feds and Congress and the banking industry contrived the reduction in the prime lending rate, setup for sub-prime loans, etc., to in a sense --- keep the economy going with the housing / lending industry as the temporary anchor.
Lot's of privileged beforehand knowledge folk have made a ton of cash in the ocrhestrated 'Housing Boom / Bubble / BS'. Part of the reasons why 'W' and Congress have done nothing to ebb the flow of illegals into this country for the cause of cheap construction labor while in the meantime, needing a place to live.
Now, inflation has come upon the country in a series hugh stunning way. People now have to choose heat and food over beebers.