Join Date: Jun 2012
Thanked 51 Times in 27 Posts
I guess it depends on weaker. You could be making a good living out here in Cali and have a b+ credit score having stayed out of most of the mess, and STILL not be able to buy a home. I think it would be good to open it up a little bit, but "sub-prime" would really be the thing that would be the height of stupidity.
I'm all for the banks coming up off of some of the money the American people ahave effectively lent them at 0% interest. It just has to go to people who need a lift and have shown they can handle a loan properly.