Please move to a subject you know about, if there is one!  

I cannot keep replying to this ignorant crap.

one more time,

American Dream Downpayment Act is FHA, a full down payment is made.  The borrower meets FHA requirements and FHA insures the loan.  It is not a junk loan.  They are still in effect.

Subprime loans have a borrower that is considered a risk, normally does not meet requirements for a normal loan.  Why do you think they are called Subprime, could that be because they are much less secure then a primary type loan?  As long as they were marketable in the secondary money market they were OK.  But once the foreclosure rate started to increase, they became junk.  They are not allowed in the marketplace, once the crash they were immediately stopped.

All of the issues developed over the crash come from these subprime junk loans.  Or a better way to explain it is some idiot democrats trying to control the outcome of people's lives!