lol! The administration can't loosen requirements. The banks did that to themselves in order to make money.<quoted text>
Your precious democrats screwed the pooch beginning in the Clinton era loosening requirements for bank mortgage loans and continuing to resist every effort to rein it in to avoid the impending crisis of which they were repeatedly warned about all the way up until 2007.
The Democratic Party, led by President Bill Clinton, threatened to prosecute banks who didn't comply with the regulators demands.
Now go get a tissue. You're not paying attention.
It's a capitalistic thing.
I thought you people understood that?