One little correction: the hyper-driving of the Community Reinvestment Act which drove the granting of subprime mortgages and led to all the other abuses culminating with the housing collapse began in earnest in the mid-'90s, under Clinton's watch. It was then that HUD regulators began, essentially, extorting these risky loans from unwilling institutions, as the article says.
It is noteworthy that this was accomplished via regulators from HUD. People who fall back on the comfortable assumption that "deregulation" caused the bubble and that more regulation would have headed it off need to get wise: it was regulators who did the dirty work, driving the problem in the faces of lenders. Obviously, more regulators would hardly have helped.