Subprime Mortgages On March Again, As Obama Pressures Easier Lending https://www.investors.com/politics/...arch-again-as-obama-pressures-easier-lending/ Obama administration pushes banks to make home loans to people with weaker credit https://www.washingtonpost.com/busi...19bce7af755_story.html?utm_term=.d1481178b881 This is the sub-prime house that Barack Obama built https://www.telegraph.co.uk/comment...-sub-prime-house-that-Barack-Obama-built.html How Obama Destroyed Black Wealth https://jacobinmag.com/2017/12/obama-foreclosure-crisis-wealth-inequality (Note this article covers past and present policy) With landmark lawsuit, Barack Obama pushed banks to give subprime loans to Chicago’s African-Americans http://dailycaller.com/2012/09/03/w...subprime-loans-to-chicagos-african-americans/ Obama is setting us up for another housing crash https://nypost.com/2016/03/12/obama-is-setting-us-up-for-another-housing-crash/ Plus another 108,000 articles in a simple Google search on the Obama administration's policies and actions pushing more reduced lending standards to increase minority homeownership among people with poor credit.
We are outlining that the Obama administration aggressively pursued policies to make mortgage borrowing for lower-income, poor-credit minorities easier which in turn led to another cycle of subprime mortgage lending and associated defaults. The lessons of 2008 that the government should not drive policies that compel banks to lend money to people who will not pay it back were not learned.
Yea, apparently Obama made Hannity mop up real estate using government regulations he rants about every day and then hide it all with shell companies. Party of Personal Responsibility. No mention of Ben Carson doing anything to continue those Obama handouts because Obama is still POTUS when things go bad.
And even assuming your right wing drivel editorials are true, why hasn't the Trump admin ended these Obama era rules for people like Hannity to take advantage of? You did read the Guardian article right and how Ben Carson is involved in this?
As expected, no answer Here is con thinking in a nutshell The gubmint is BIG AND BAD AND WANTS TO KILL YOU AND YOU NEED TO BE PATRIOTS AND DRAIN THE SWAMP AND THROW OUT DA LIBS, but it's fine if Hannity wants to use government programs and money to make a shit-zillion dollars off of poor people. That's MAGA hilarious.
Please try to follow the original assertion about no credit or income checks. Subprime now is not the subprime of the Bush years, nor is it at those levels.
Sean Hannity’s real estate venture bought houses through a property dealer who was involved in a criminal conspiracy to fraudulently obtain foreclosed homes, according to records reviewed by the Guardian.