Post Tagged with: "mortgage underwriting"

July 30, 2012 09:15

Obama Plans Another Housing Collapse?

The federal government is beginning another initiative to force banks to lend mortgage money to low-credit-rated blacks and Hispanics — specifically blacks and Hispanics — and is threatening and already imposing punitive fines if they don’t.

October 13, 2011 17:22

Bachmann’s right – It’s The CRA, Stupid!

“If you look at the problem with the economic meltdown, you can trace it right back to the federal government,” she said. “It was the federal government that pushed the subprime loans. It was the federal government that pushed the Community Reinvestment Act.”