Simply put gentlemen, the devil is in the details and the details pretty much dispel this conservative based myth once and for all. Sorry R.M. and Fox you will have to find another so called liberal cause to blame as there is little or no truth to CRA being remotely at the heart of this mess. When you have come down off your high horse and really examined the data, you'll find that two thirds of the mortages were neither low income nor minority focused so you need a new plan of blame.
http://www.newamerica.net/blog/asset-building/2008/its-still-not-cra-7222
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