USMC1982 Wrote:
Nov 07, 2012 3:30 PM
The National Homeownership Strategy began in 1994 when Clinton directed HUD Secretary Henry Cisneros to come up with a plan, and Cisneros convened what HUD called a "historic meeting" of private and public housing-industry organizations in August 1994. The group eventually produced a plan, of which Mason sent me a PDF of Chapter 4, the one that argues for creative measures to promote homeownership. That plan evolved into 0% loans, loans for bad credit and is the original precursor of the housing market failure that compounded the recession of 2004-20?? Geez, Clinton is a demodumb.