Alan_F
95p1,390 comments posted · 1 followers · following 2
12 hours ago @ Breitbart.tv - SNL: Clint Eastwood 'H... · 0 replies · +1 points
12 hours ago @ Breitbart.tv - SNL: Clint Eastwood 'H... · 0 replies · +1 points
12 hours ago @ Breitbart.tv - SNL: Clint Eastwood 'H... · 0 replies · +3 points
12 hours ago @ Breitbart.tv - SNL: Clint Eastwood 'H... · 0 replies · +2 points
1 day ago @ Breitbart.tv - 'Obama We Are Through ... · 0 replies · +1 points
In 1995, President Clinton's administration revised Community Reinvestment Act (CRA) regulation, which allowed mortgage lenders like Countrywide not to mitigate loan risk with savings deposits as do traditional banks, using the new subprime authorization, which is known the secondary mortgage market. The revisions allowed securitization of CRA loans containing subprime mortgages, which were first started by Bear Sterns in 1997. The number of CRA mortgage loans increased 39 percent between 1993 and 1998, while other loans increased only 17 percent. Other rule changes gave Fannie Mae and Freddie Mac extraordinary leverage, allowing them to hold just 2.5% of capital to back their investments, as opposed to 10% for banks.
Easy to find and there's lots more of it out there. Barney is 7 years deep into this by 1999.
1 day ago @ Breitbart.tv - 'Obama We Are Through ... · 0 replies · +1 points
1 day ago @ Big Government - Fast and Furious: Rep.... · 0 replies · +2 points
As for what good it does to know the routes throughout Mexico, if you know where a thing travelled through then you also know who was looking the other way as it passed.
1 day ago @ Breitbart.tv - Breitbart Rips Occupy ... · 0 replies · +5 points
1 day ago @ Breitbart.tv - 'Obama We Are Through ... · 0 replies · +5 points
1 day ago @ Breitbart.tv - 'They're Using Insuran... · 0 replies · +1 points
Creation