The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that skeptics say could open the door to the risky lending that caused the housing crash in the first place.
Housing officials are urging the Justice Department to provide assurances to banks, which have become increasingly cautious, that they will not face legal or financial recriminations if they make loans to riskier borrowers who meet government standards but later default.
Проклятые скептики опять почему-то сомневаются в эффективности прогрессивных социальных программ. Интересно, какие бы у них могли быть к тому основания?
Mirrored from Gears and Springs.