re: #314 avanti

The one thing some on the right keeps harping on is blaming the community reinvestment act for the mortgage collapse when if fact less the 20% of the losses came from those loans. It is a complicated issue, with plenty of blame to go around.

Not a challenge but a question: is the “20 percent of the losses” quoted a percent of the number of defaults, or a percent of the total value of defaults?