Obama Pushing Same Type Of Mortgages That Previously Contributed to Crisis

  What could go wrong? Via Investor’s Business Daily: Despite new evidence the Community Reinvestment Act led to riskier lending and played a key role in the subprime mortgage crisis, the Obama administration is broadening the anti-redlining regulation’s authority and scope, spooking bankers. A recent study by the National Bureau of Economic Research, the nation’s … Continue reading Obama Pushing Same Type Of Mortgages That Previously Contributed to Crisis