The main study and previous evidence being cited here says that it wasn't disproportionately low-income loans that caused the financial crisis: > Taken togethe

The main study and previous evidence being cited here says that it wasn't disproportionately low-income loans that caused the financial crisis: > Taken together, the evidence in the paper suggests that there was no decoupling of mortgage growth from income growth where unsustainable credit was flowing disproportionally to poor people. It was still a subprime crisis if the crisis was caused by unsustainable credit received by those who would not otherwise have had access to it. They are saying it was not the Community Reinvestment Act (CRA) that caused the crisis, as the contributing loans were not subject to CRA legislation.