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A Primer on the 2007-2009 Financial Mess [Reader Post]

A Primer on the 2007-2009 Financial Mess [Reader Post]

by Gary Kukis | Jan 3, 2011 | Economy, Real Estate & Lending, Taxes

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 to buy...

 

 

 

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