e70.
For a summary of the requirement under presidents Carter and Clinton that the banks should take on sub-prime mortgages, see, for instance, William Rees-Mogg, “Good Intentions Took Us on the Road to Hell”, The Times, 17 November 2008. For supplementary discussion focused on the 1977 Community Reinvestment Act, see http://tinyurl.com/d9fezaa .