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Chase > WaMu
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<blockquote data-quote="audioarsonal" data-source="post: 5022034" data-attributes="member: 576393"><p>It was more about the government forcing the credit institutions to lend to lower income people.The democrats said that the poor where being discriminated against because they were not given the oppertunity to own there own home.So the were forced by special intrest groups with lawsuits and other tactics to get them to allow poor people who couldn't afford the house in the first place.To get loans in the new "sub-prime" market.Now these people who could never affored a home before where now being told yeah you can get that 100,000 dollar home making 1000 a month total household income.</p></blockquote><p></p>
[QUOTE="audioarsonal, post: 5022034, member: 576393"] It was more about the government forcing the credit institutions to lend to lower income people.The democrats said that the poor where being discriminated against because they were not given the oppertunity to own there own home.So the were forced by special intrest groups with lawsuits and other tactics to get them to allow poor people who couldn't afford the house in the first place.To get loans in the new "sub-prime" market.Now these people who could never affored a home before where now being told yeah you can get that 100,000 dollar home making 1000 a month total household income. [/QUOTE]
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