The Community Reinvestment Act did not cause the subprime bubble.
by Mark Hanson
April 30, 2016 2011-11-03T00:53:57-04:00https://images.c-span.org/Files/6f6/20111103005430002.jpgNO PROOF OF INCOME WAS FEDERAL RESERVE POLICY, BUT BANKS HAD AUTHORITY TO SET HIGHER LENDING STANDARDS.
NO PROOF OF INCOME WAS FEDERAL RESERVE POLICY, BUT BANKS HAD AUTHORITY TO SET HIGHER LENDING STANDARDS.
People in this video
- Don Manzullo U.S. Representative [R] Illinois
- House Financial Services Subcommittee on Financial Institutions and Consumer CreditHouse Financial Services Subcommittee on Financial Institutions and Consumer Credit
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