Quote:
Originally Posted by spence
Your position isn't supported by the facts. CRA loans actually have had a much lower default rate historically. I think this was discussed years ago on this very site.
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"Historically" is not the point. In a moment of spare time, I delved into the archives to see if the President's new economic advisor had an opinion about the CRA's effect on the great recession. Larry Kudlow, (very respected, not fired from his job) said this little tidbit:
https://www.cnbc.com/2016/05/28/are-...-villains.html