Don’t Blame the Loan Program!

So now the government stepped in and is fixing he problem - not! The fact is the problem fixed itself. There are no investors out there buying stated-income 100% financed loans - and there will probably never be again! Loosing a few trillion in wealth tends to make a permanent impression.

By |2010-06-11T11:07:54-08:00June 11th, 2010|What the Hell Happened?|Comments Off on Don’t Blame the Loan Program!
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