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Government and the Subprime Crisis

Government and the Subprime Crisis. Tax Reform Act of 1986: only HOME interest is deductible Federal Reserve Board lowered interest rates after the 9/11 recession from 6.5% (2000) to 1.0% (2003) Raised rates from 2004 to 2006. TOO MUCH Regulation?. Community Reinvestment Act (1977)

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Government and the Subprime Crisis