Re: City of Philthadelphia suspends foreclosure sales




"Wayne Dobson" <nospam@xxxxxxxxxxxxx> wrote in message news:wq0Ij.131917$nw4.111648@xxxxxxxxxxxxxxxxxxxxxxxxxxxx
Mike Sigman wrote:
"Wayne Dobson" <nospam@xxxxxxxxxxxxx> wrote in message
news:OqRHj.42593$w51.42045@xxxxxxxxxxxxxxxxxxxxxxxxxxxx

Did they also lie on their credit report? They were let through.


You dumb ***.... loans were *forced* through by the CRA.

How does that counter my contention that this crisis is manufactured and that the morgages were mis-sold by those who knew better?

If a bank
did not set up a branch in the ghettos, it was penalized. If that
bank in the ghettos did not make loans, they were penalized. They
could not win. So they rolled with it and made the loans.

You mean they sold out.


"Sold out"??? Hey, the Dems made rules that *forced* banks to lend to the unqualified. So they did. That's "selling out"??? Bull***. The Dems sold out the US, again, to make a political statement that had no basis in fact or function.

Mike

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