President Obama adopted a fighting stance against the financial services industry today in his weekly radio address. He promised that…
Tag: Community Reinvestment Act
Another voice against the attack on the Community Reinvestment Act
On October 3 Bill Moyers interviewed Emma Coleman Jordan about the mortgage meltdown and the latest cries that the Community…
The big lie about the role of affordable lending goals in the collapse of Fannie Mae
The Big Lie: Fannie Mae collapsed because of Congressional affordable housing goals and this, in turn, was the cause of…
Shifting the blame from subprime lenders and Wall Street to the victims
It’s to be expected. Anti-government pundits and apologists for predatory lenders are spinning hard, trying to shift the blame for…