Changes

==CRA and the Fannie Mae crisis==

==CRA and the Fannie Mae crisis==

===Equality of opportunity vs equality of result===

===Equality of opportunity vs equality of result===

'''Subprime lending'''

'''Subprime lending'''<br>

Critics claim that government policy encouraged the development of the [[Subprime mortgage crisis| subprime debacle]] through legislation like the CRA, which in effect forces banks to lend to the same otherwise uncreditworthy consumers they are now being criticized for accepting.<ref>{{cite web |title=The Government-Created Subprime Mortgage Meltdown  

Critics claim that government policy encouraged the development of the [[Subprime mortgage crisis| subprime debacle]] through legislation like the CRA, which in effect forces banks to lend to the same otherwise uncreditworthy consumers they are now being criticized for accepting.<ref>{{cite web |title=The Government-Created Subprime Mortgage Meltdown  

|url=http://www.lewrockwell.com/dilorenzo/dilorenzo125.html  

|url=http://www.lewrockwell.com/dilorenzo/dilorenzo125.html