Like I said it's kind of complicated and I doubt a f*ckin racist like you would understand.
Yes. I'm a racist... and screaming "CRA! CRA!" isn't really just code words for "blacks and Hispanics are the ones who defaulted!" You're just too much of a coward to say what you really mean.
And you can't seem to explain how problems with a decades old law would only just now show up. Were no loans written under the CRA rules before 2004? How many of those went bad? What's the track record on CRA? Cite some facts.
banks quickly sold off the bad loans to Freddie and Fannie
Be specific. Which banks sold off CRA mandated loans to Fannie and Freddie. How many banks? How many loans? How many of them have gone bad? Fact Rollingrock. Deal in something approaching fact.
You can't. You're just about blaming colored folk. Pathetic bigoted bullsh*t. That's all you've got.