Quote:
Originally Posted by kg_veteran
Right. How did you turn that into me saying that "the cra mandates that banks lend to unqualified borrowers"? Because I never said that.
Do you acknowledge that there is a difference between a statute requiring/forcing/mandating something and ACORN pressuring/intimidating/coercing banks using the threat of regulatory complaints?
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sure, yet kurtz and others blame the cra for the mortgage crisis.
once again, there is no evidence that acorn, or anyone else for that matter, forced lenders to make loans to unqualified borrowers.
the lenders who made loans to unqualified borrowers did so on their own.