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Originally Posted by Mobus
I'm sort of surprised that nobody mentioned that lending rules for Fannie and Freddie were loosened during the Clinton administration. That's what really got us into this mess. It's not an overnight thing, it took this many years to finally snowball into what we have now.
BTW, you all have been very 8) and civilized in your posts about all this and I commend you all for that! A bunch of other forums I belong to will whip out the ban stick for political discussions, civil or not. It's refreshing to see civilized adult discussion about these topics, it lets me know I'm not unique in my thoughts and opinions.
Mark
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Clinton passed the lend to anyone who asks law in 1995.
The group here tends to be more civil to each other in general and since this topic is staying on subject for the most part and in the appropriate forum there is no reason to block it or ban anyone.
Allen