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Have lenders purged the Ponzis? - OC Housing News


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2014 Oct 23, 11:50pm   727 views  1 comment

by golfplan18   ➕follow (1)   💰tip   ignore  

http://ochousingnews.com/blog/lenders-purged-ponzis/

Delinquency rates on consumer loans hit a record low as lenders can-kick legacy loans and tighten standards to eliminate Ponzis.

Source: http://ochousingnews.com/blog/lenders-purged-ponzis/#ixzz3H4PlnT6H

#housing

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1   bubblesitter   2014 Oct 24, 12:19am  

Yeah, they have socialized their losses from the Ponzis. Too big to fail, remember?

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