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Just PoliticsLeisure
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 Re: Additional thoughts plus what
Posted by  JanetK_CA on 7/28/16 6:33pm

I thought new underwriting requirements would prevent so many loans being made to people who can't afford them. Or are these products composed of some of the same problem loans that were made prior to the 2007-2008 meltdown? Or am I naive and missing something...? Wink [The latter wouldn't surprise me at all!]

I didn't finish reading both articles, and probably need to read them both again from the beginning for it all to really sink in. Thanks for posting this, though. Very eye-opening!
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