[quote=mookiemookie]
Quote:
|
Originally Posted by SteamWake
Funny. Having read that, as well as being familiar with the CRA as it's my job, I don't see anything in it that required banks to not verify income or payment history of mortgage applicants.
|
That all came later during the Clinton Admin. In fact the banks were 'pressured' to do so.
In fact that is in large part what caused this whole freakin mess.
I'll be the first to admit the following administrations did nothing to improve things.