Much-bandied claims that CRA loans have performed better for banks than other loans seem, well, ill-documented at best [Edward Pinto, City Journal] But the 1977 Community Reinvestment Act just wasn't big enough in its scope to have played any major role in the mortgage meltdown, right? Well... [Peter Schweizer, Forbes] Per one calculation, "Almost two-thirds of all bad mortgages in our financial system were bought by government agencies or required by government regulations." [Peter Wallison, WSJ]