Political Quotes

Richard Cordray: “The irresponsible lending that precipitated the crisis and blew up the mortgage market and blew up the economy pushed…”

On the recordMarch 15, 2016
The irresponsible lending that precipitated the crisis and blew up the mortgage market and blew up the economy pushed most lending now to GSEs and eliminated, destroyed the secondary financing market, which has not yet recovered.
Said by
Richard Cordray

Editor's note · Context

Cordray discusses the impact of irresponsible lending on the mortgage market.

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