[lOKKI]

Don’t forget that all this will put lenders in a double-whammy situation.
The reason that the sub-primes were encouraged is to get voter support for the Dems. They set up laws that forced lenders to give subprimes or face discrimination charges.

Now they won’t be able to give the loans, but won’t be able to not give the loans.... I’d get out of the business altogether.

[CharacterCounts]

Now they won’t be able to give the loans, but won’t be able to not give the loans.... I’d get out of the business altogether.

If they don't give loans to anybody, they can't be sued by anybody. Hmm, no mortgage loans.... that will really help the economy.

[boop]

"The reason that the sub-primes were encouraged is to get voter support for the Dems. They set up laws that forced lenders to give subprimes or face discrimination charges"

You are correct. Remember all of the howling about lenders being "bigoted" against minorities because they weren't giving loans to people with horrible credit?