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Originally Posted by amIblue?
Not to mention the insane mortgage lending to unqualified people that got us into the current crisis. 
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Once again, a government program gone wrong. I recall it being the Bush Administration that fought to ease lending requirements to individuals..including individuals who had no means to pay a mortgage. As for the high interest rates the sub primer's got, I really can't blame the banks for that. High risk loan= high interest rate. It's always been that way.