"Between the Community Redevelopment Act, requiring banks to make what I would call very weak loans, and specific quotas that the Congress imposed on Fannie Mae and Freddie Mac, that created the market demand that really led to the subprime phenomenon."

Next Quote

Most professionals specialize in only part of the complex community revitalization process. Incomplete efforts usually create messy, expensive, demoralizing failures. Few specialists understand how to bring a place back to life with a holistic approach. If anyone understands the complete revitalization process, it's Storm Cunningham. He's spent over a decade rigorously studying successes and failures worldwide. He can look at a community, regional, or organizational regeneration or redevelopment process, and quickly spot what's wrong...what's missing.

— Lindsey Davis