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Comments by "" (@A86) on "Gov. Bob McDonnell (R-VA) Responds to State of the Union" video.
While Fannie and Freddie did play a big part in this mess the majority of the bad loans were the deregulated loans. The CRA loans only account for 23% of the bad loans that led to the crash of the housing market.
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@soulfullyanointed - If you had clicked on the link: (dot) traigerlaw (dot) com / publications / traiger _ hinckley _ llp _ cra _ foreclosure _ study _1 - 7 - 08 (dot) pdf
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Here you go: (dot) sadlyno (dot) com / archives / 11958 (dot) html While CRA loans were part of the problem the bigger problem was the deregulated loans.
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@mynameiswhoo - That is correct. The vast majority of foreigners who come to the US for treatment are wealthy. Why the hell would working/middle class people come to the US to get treatment and end up with a $10,000+ bill? In the US you get billed $800 just for the fucking doctor to LOOK at you. I got billed $1400 for a 15 minute checkup last year. The majority of working/middle class people travel to Canada, Japan, France and India for medical tourism.
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The study showed that CRA loans constituted only 23% of all loans and 9.2% of high-cost loans.
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