[AppyPappy]

Banks didn’t propose that. Congress wanted them to lend more money to questionable buyers to prove they weren’t racist. Then the idiot buyers abandoned the houses because they perceived they had lost value.

[Aevery_Freeman]

They didn't propose it BUT they took advantage of the government's guarantee of the loans to make a lot of money.

Then came the QE's and zero interest rates.

Yes, we were robbed by the "too big to fail" bankers.

Oh, yes, And by Obama and company.