Changed Quote by Thomas Sowell

No one pushed harder than Congressman Barney Frank to force banks and other financial institutions to reduce their mortgage lending standards, in order to…

— Thomas Sowell

“The American share of the crisis began with grossly improper mortgages provided to wholly unqualified borrowers, all directly caused and encouraged by government distortion…

— G.M.W. Wemyss

“We were taking out mortgages we couldn’t afford because they were camouflaged to look as if we had a reasonable chance of paying them…

— Douglas Rushkoff

Riskier mortgage lending practices, imposed by government, were what set the stage for many mortgage payments to stop and thus for the financial disasters…

— Thomas Sowell

The financial collapse of 2008 got its start with predatory mortgages, that weren’t sold by community banks and credit unions, they were sold by…

— Elizabeth Warren

The crash of 2008 was driven in no small part by unfair practices in the mortgage industry which led to many consumers being trapped…

— Al Franken

There are elements of Dodd-Frank that clearly need to be curtailed.

— James P. Gorman

Millions of Americans were duped by the federal government and the Federal Reserve into buying homes they could not afford and failed to count…

— Mark Skousen

“The sudden introduction of these magic mortgage bonds into the marketplace pushed most every major institutional investor in the world to suddenly become consumed…

— Matt Taibbi

“The recession, which started in 2007, is ongoing. The underlying fundamental causes of the meltdown have not been addressed. Banks are still not lending.…

— Ziad K. Abdelnour

The people on Wall Street broke this country, and they did it one lousy mortgage at a time. It happened more than three years…

— Elizabeth Warren

The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to…

— Paul Singer