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To: jazminerose
The Clinton administration literally forced banks to make loans to risky minority buyers.

But on the positive side, they were able to bundle those mortgages and sell them as top rated. Ca-ching!

16 posted on 06/23/2016 12:01:35 AM PDT by Jeff Chandler (Everywhere is freaks and hairies Dykes and fairies, tell me where is sanity?)
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To: Jeff Chandler

Thank you Moody’s, on the AAA ratings for junk tranches of subprime mortgages. And I had some Lefty the other day spouting off some article that Moody’s said the economy would tank under Trump, as if they’re great prognosticators.


22 posted on 06/23/2016 5:19:22 AM PDT by FreedomPoster (Islam delenda est)
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