re: #617 Guanxi88

Fourth, ACORN contributed to the risky lending that led to the financial collapse.
ACORN drafted language to loosen underwriting standards and decrease down payments in the housing industry, paving the way for the high rate of subprime loans millions of Americans eventually defaulted on.
ACORN used provisions in the Community Reinvestment Act of 1977 that allowed community groups to challenge bank mergers and acquisitions if a bank did not adequately invest in its own community. These challenges, which featured ACORN’s standard intimidation tactics, successfully forced banks to make lending agreements with ACORN Housing.

That’s priceless. ACORN caused the mortgage bubble? Really?

That is utter horseshit. Unless they controlled the non-banks and securitizers.