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IPFS News Link • Economy - Economics USA

Clinton Pressure to Promote Affordable Housing Led to Mortgage Meltdown

9-16-2008 • OpenMarkets

The current mortgage crisis came about in large part because of Clinton-era government pressure on lenders to make risky loans in order to “make homeownership more affordable for lower-income Americans and those with a poor credit history

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Reported By Powell Gammill

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1 Comments in Response to Clinton Pressure to Promote Affordable Housing Led to Mortgage Meltdown

Comment by Ron Moss

Entered on: 9/17/2008 8:32:36 AM

I am a victim of this debacle my home has been devalued $300,000. during which time I need to sell to move on in life as planned. If there is justification for a clas action suit aginst this band of terrorists bankers, Please let me know.

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