"The days of solely blaming subprime lending for the housing collapse are far behind us (I hope), but the risky, high-cost lending certainly played a hand in the mortgage crisis."

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michaelblomquist at 17:20 2009-05-07 said:
How can this be? The FDIC, OCC, OTS and other Federal Government officials told us that is was the state regulated banks that were responsible for all the abusive lending. Permalink

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