HenryFortune
Rookie
You'll have to show me how I'm lying, then. The article you linked to didn't say anything about the banks being forced to make loans, it just said the banks were forced to locate a bank or two in redlined areas. Perhaps you can link me to some info that can show me where I'm wrong.
And I'd still like to know anyone's opinion on the fact that the vast majority of the bad loans were made to people who already had homes and refinanced so they could spend their borrowed money on other things besides their homes. Those types of loans were the bulk of the loans the banks knowingly made and which ultimately ruined our economy.
And I'd still like to know anyone's opinion on the fact that the vast majority of the bad loans were made to people who already had homes and refinanced so they could spend their borrowed money on other things besides their homes. Those types of loans were the bulk of the loans the banks knowingly made and which ultimately ruined our economy.