That sounds a lot like how we got to the housing crisis... You should NOT be backing this bill.
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Yeah sure... It also could reset the stage for another financial crisis like 2008. People will lose their homes, banks will be bailed out and execs will walk away once again with their pilfered billions. You're letting this happen mark and you should be ashamed.
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Mmm sub prime loans... Feels distressingly familiar
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Making mortgages easier to get only exacerbates high prices for housing and does not fix a broken economy. As your constituent, I am disappointed that you want to further deregulate banks.
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Wow hard to imagine anything that can possibly go wrong if we make mortgages less safe and easier to get!
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He’s backing this because it has much more strict guidelines to get a loan than what caused the housing market to collapse. Read the article before bashing people.
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Read it. Wholeheartedly disagree with your comment.
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Yeah predatory lending mortgages. Way to go Dems. :(
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Great and in 10 years we can bale them out because you are fors
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Forcing them to give out mortgages to people who cannot afford to pay them back
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More likely a set up for a repeat of 2008. Idiotic.
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Here we go again. Banks free to give loans to unqualified people. Same ole same ole. Rinse and repeat.
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U keep touting this legislation. U must be pretty insecure about it. We’re not putting up with corporate dems anymore!
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@sarahtgobrien not true rates r rising already thanks to@gopThanks. Twitter will use this to make your timeline better. UndoUndo
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Liar!!!
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And yet interest rates are increasing at a decreasing rate. Of course mortgages would be easier to get so that the banks can take advantage of these rates!
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This is what CAUSED the 2008 financial meltdown! Do us a favor and spend $3 to download “Inside Job” narrated by Matt Damon. It’s about 4 hours long, but provides details and interviews that explain the strategies used by Wall St. and $250 billion is NOT a small community bank!
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they're called derivatives
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