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To: SeekAndFind

They did that already. The interest only loan burst is still having ripple effects. Toxic loans are toxic.


2 posted on 02/07/2019 11:33:37 AM PST by rjsimmon (The Tree of Liberty Thirsts)
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To: rjsimmon

Deja Vu


35 posted on 02/07/2019 12:03:24 PM PST by CottonBall (We are not represented, we are ruled.)
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To: rjsimmon

Loan originators dream of this stuff. I made a pretty penny when they did this before.


41 posted on 02/07/2019 12:24:56 PM PST by 2ndDivisionVet (You can't invade the mainland US. There'd be a rifle behind every blade of grass.)
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To: rjsimmon

No kidding. The gubment will just bail them out.


42 posted on 02/07/2019 12:25:25 PM PST by moovova
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To: rjsimmon
Weren't these things referred to as NINJA loans when this scheme was tried before? Didn't it trigger a recession?
46 posted on 02/07/2019 12:50:41 PM PST by LibertarianLiz
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To: rjsimmon
I was about to say...

Thank you for being quicker on the trigger!

49 posted on 02/07/2019 12:57:14 PM PST by Mrs. Don-o (Let's keep the *sapiens* in *Home sapiens*.)
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