To: Fledermaus
Roflol, the foreclosure rate for the first years say this theory is mostly a lie, there was no increase in the foreclosure rate. It went crazy when people like newt lobbied to allow sub-prime loans, that should never been made to anyone under any condition.
76 posted on
11/16/2011 3:49:04 PM PST by
org.whodat
(Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
To: org.whodat
What years are you looking at? The FDIC showed the rates steadily rising throughout the 90’s. I found this but it only goes to 1997 (see pages 23-38):
http://www.fdic.gov/bank/analytical/working/98-2.pdf
Trying to locate data from 1998 on. I’m sure it really spikes in 2007-2010. So your contention looks to be correct.
80 posted on
11/16/2011 4:14:13 PM PST by
Fledermaus
(I'll vote for Mitt Romney when Hell freezes over. He's as bad or worse than Zero.)
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