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Will subprime mortgage lending 2.0 be a disaster? - OC Housing News


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2014 Sep 23, 11:10pm   786 views  2 comments

by golfplan18   ➕follow (1)   💰tip   ignore  

http://ochousingnews.com/blog/will-subprime-mortgage-lending-2-0-disaster/

Some form of subprime mortgage lending will return. Will subprime 2.0 be a disaster to rival the Great Recession and Housing Bubble?

Source: http://ochousingnews.com/blog/will-subprime-mortgage-lending-2-0-disaster/#ixzz3EEplEUWD

#housing

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1   zzyzzx   2014 Sep 23, 11:22pm  

Will subprime mortgage lending 2.0 be a disaster?

Of course! Duh!

2   Blurtman   2014 Sep 23, 11:41pm  

Why should homeowners who default on a mortgage that turns out to be a bad investment be treated any differently than a company that defaults on a loan that turns out to be a bad investment?

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