Pundits are trying to bring subprime mortgages back. Don’t let them | theguardian.com


.. if banks keep whining that they are prevented from lending to low-income borrowers – and the press gives their argument a helping hand – suddenly this kind of pretext to predatory lending starts to look reasonable.

via Pundits are trying to bring subprime mortgages back. Don't let them | Money | theguardian.com.

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One thought on “Pundits are trying to bring subprime mortgages back. Don’t let them | theguardian.com

  1. However, a federal district court halted implementation of Proposition 187 in 1994, and California Governor Gray Davis subsequently pursued mediation in 1999 rather than an appeal, which effectively nullified its provisions.

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