[Robert DeLong]

You are either a troll or you have a poor grasp on what really happened. Banks were forced into making loans available regardless of the realities.

Plenty of proof to back that up

[Gay State Conservative]

Yup,I believe the Community Reinvestment Act was a big part of that...as was Attorney General Re No.

[21twelve]

https://www.youtube.com/watch?v=mzJmTCYmo9g

Bird and Fortune comedy routine on the subprime crisis. Of course, the best comedy is based on the truth.

Note that this is from the most recent crisis - it sounds like Nixon’s plan was a bit different.

From memory the guy explains the bundling of mortgages. 3:00 it begins. And while funny - it is true. (And therefore sad). They use actual names of the portfolios,
CEO comments.

[alternatives?]

“Banks were forced into making loans available regardless of the realities.”

That is just part of it. Many banks made the initial loans without underwriting and then sold them.