Reckless Lending and Toxic Products Caused the Foreclosure Crisis

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Julia Gordon, CRL Sr. Policy Counsel
Date Filed: January 13, 2010

Julia Gordon, CRL Sr. Policy Counsel, testifies before the Financial Crisis Inquiry Commission on the causes and effects of the foreclosure crisis and why we need more and better responses. 

Key words:  FCIC, Financial Crisis Inquiry Commission, foreclosures, regulatory failures, Making Home Affordable, racial impact, foreclosure prevention, Community Reinvestment Act, Fannie Mae, Freddie Mac