It has been said that only a third of the "bad loans" was done by companies direclty related to the CRA act of 1977. However, for companies to stay in business, they had to compete with Fannie and Freddie. So is it wrong to say that most oif the bad loans are related explicitly or implicitly to the CRA of 1977, Clinton's medling in 1995, and the protection of Dems against Republican intervention in 2003, 2004, and 2007.
