On Fox, Barnes, Krauthammer echoed conservative claim that CRA played key role in subprime crisis
December 23, 2008 2:47 pm ET
Please upgrade your flash player. The video for this item requires a newer version of Flash Player. If you are unable to install flash you can download a QuickTime version of the video.
SUMMARY: On Special Report, Fred Barnes and Charles Krauthammer echoed other conservatives in claiming that the Community Reinvestment Act and efforts to expand affordable housing are at least in part to blame for the home foreclosure crisis. But as experts have noted, the CRA does not govern the vast majority of subprime lenders.
RSS Feeds
