I have not seen the dollar amount percentage of the CRA loans that went bad. If we had this number it would then be possible to determine how much of this damned mess is the fault of CRA and the Demonic-rats. Since I have not seen this percentage in the liberal press I assume it is huge.
Does anyone on this forum know the numbers. It would be interesting.
Relative to the bailout I can see a justification for bailing out the bad loans that the government forced them to make. I can not approve one damn cent for the other loans that went bad.
What are the numbers??
I have not seen the dollar amount percentage of the CRA loans that went bad. If we had this number it would then be possible to determine how much of this damned mess is the fault of CRA and the Demonic-rats.
Just insert ‘subprime’ whenever you see CRA and you have your answer. By definition they don’t/didn’t qualify for regular loans.