Please name the regulation that said that any bank had to give a loan to someone with No Income, No Job, No Assets?
Please name the laws that are (you claim) still forcing banks to make loans to unqualified borrowers.
Now I would agree that there were many failures of regulation in the mortgage industry; but if you are trying to claim that things like http://www.usdoj.gov/crt/housing/title8.php forced banks into making bad loans you are full of shit. Racist shit, that doesn't even make sense.
But since you can't even name the "laws that forced banks to give out loans to those people." I'm guessing that you or your fellows will try to nail me on the use of profanity rather than addressing the facts.
Please name the laws that are (you claim) still forcing banks to make loans to unqualified borrowers.
Now I would agree that there were many failures of regulation in the mortgage industry; but if you are trying to claim that things like http://www.usdoj.gov/crt/housing/title8.php forced banks into making bad loans you are full of shit. Racist shit, that doesn't even make sense.
But since you can't even name the "laws that forced banks to give out loans to those people." I'm guessing that you or your fellows will try to nail me on the use of profanity rather than addressing the facts.