2011-12-01
Examining the big lie: How the facts of the economic crisis stack up | The Big Picture
Examining the big lie: How the facts of the economic crisis stack up | The Big Picture: "more than 84 percent of the subprime mortgages in 2006 were issued by private lending. These private firms made nearly 83 percent of the subprime loans to low- and moderate-income borrowers that year. And McClatchy found that out of the top 25 subprime lenders in 2006, only one was subject to the usual mortgage laws and regulations."