Quote Originally Posted by jcb View Post
My wife was a mortgage loan underwriter for a large bank in Lexington during the housing boom. She came home one day and told me that the feds had visited the bank's management and slapped them around for not making what they considered to be an acceptable number of mortgage loans to low-income and minority borrowers. They threatened all sorts of dire implications unless the bank relaxed its lending guidelines. The rest is history.
Nothing like first hand proof.

Any comments from the left?