Tag Archives: housing market crash
3 Jan
21
1. Politicians had policies which supported bad lending practices. They believed that not enough loans were being made to minority groups, so they expanded the power and scope of the Community Reinvestment Act, which was designed to get more minorities … Continue reading
Posted in Economy, Real Estate & Lending, Taxes
Tagged ACORN, bad lending practicies, community reinvestment act, debt crisis, fhlmc, fnma, housing bubble, housing market bubble, housing market crash, inflated home value, predatory lending, under water
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