Here we go again, the socialist Democrats back when Clintoon was president and when GW was president pressured banks and passed laws to make lenders give mortgage deals to the “poor” (and some of the Democrats too). This was part of the toss money at bad credit risks deals that led to the 2008 crash.
Now Bwanny Frank is singing that same old tune.
I wasn’t just Barney Frank. Read George W. Bush’s 2002 speech on homeownership. He wasn’t an innocent bystander. He was active in promoting the policies of no down payment and expanding minority homeownership. http://autosandeconomics.blogspot.com/2010/12/george-w-bush-2002-speech-on-home.html