joltinjoe2 Wrote:
Nov 15, 2012 3:45 AM
Despite the "good intentions" of the CRA the results are devestating. "The road to hell is paved with good intentions." Neither you nor the banks would "invest" in poor neighborhoods because the risk was too high. So despite your pretentions of the CRA, "safe and sound" banking practices had to be violated in order to make loans in such high risk areas. Now you know!