The Investor's Business Daily editorial staff has noted that the expansion of easy credit to home buyers with a lesser ability to pay them back was one of the major contributing factors to the subprime mortgage crisis. Raines himself stated before Congress,"In 1994, we launched our trillion-dollar commitment, a pledge to provide $1 trillion in financing for 10 million underserved families before the decade was over… In 2000… we launched a redoubled new pledge… to provide $2 trillion for 18 million underserved families before this decade is over. …we are one of the best capitalized financial institutions in the world, when compared to the risk of our business… …these assets are so riskless that their capital for holding them should be under 2 percent."