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 Government mandated sub-prime loans returning
Government mandated sub-prime loans returning
One of the factors that resulted in the economic collapse was the government forcing banks to give loans to people who couldn't pay them back (and banks not resisting very hard). Now the government is back at it, requiring banks to give loans to unqualified applicants and even dictate where they must open up branches. picked by 2manyusernames 5 months ago
tags subprime midwest bank foreclosures
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