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Blaming the Wrong Borrowers

Started by washingtonindependent · 9 months ago

Media Matters weighs in on the topic we wrote about Tuesday on TWI — the fact that blaming low-income and minority borrowers for the housing crisis is picking up speed as reason for the cause of the housing crisis.
Conservatives are blaming the Community Reinvestment Act, an anti-red ... Continue reading »

1 comment

  • I keep reading about how CRA influenced loans were not the problem, but I can't find any data on what the default rate was on those loans. Was it high or low in comparison to other, "middle-class" loans?

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