[Lucius Cornelius Sulla]

Morning folks! While there is a ton of blame to go round, I put more of it on the Community Redevelopmenmt Act thab the repeal of the Glass Steagel Act.

[rodguy911]

Exactly,the banking system had some pretty hard fast rules it worked with for many years. For most mortgage seekers you had to have enough income to meet monthly obligations and you needed a substantial down payment in order to buy a home. When those rules were thrown out in the trash it was only a matter of time.