Cuomo: Subprime Loans "Affirmative Action"



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Ed_Morrissey
2 years ago
October 11, 2008
In April 1998, HUD Secretary Andrew Cuomo announced a lender settlement of $2.1 billion for subprime loans. Listen to Cuomo explain how subprime loans are "affirmative action" and will fail at a higher rate than other loans.

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