Subprime Mortgage Crisis - How Quickly They Forget!

Kaight | Oct 25, 2023 | 1,192 posts since 2011

In the spirit of "here we go again":

https://www.politico.com/news/2023/10/24/lending-discrimination-anti-redlining-rule-00123150

Have they forgotten history of the recent past?:

https://fee.org/articles/how-the-federal-government-created-the-subprime-mortgage-crisis/

Probably.

At least we won't have to worry about this latest government debacle until 2026.

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111 | Oct 25, 2023 | 672 posts since 2019

So Powell's apparently channeling Barney Frank now. Jay, you got one job - controlling inflation. Any social engineering pipe dream needs to wait until that's accomplished, if ever.

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