Dad2three
Gold Member
I like the part where folks put 5% or less down on a home and believe they own it ....
If it werent for those dang predators forging their witless signatures.....
Yeah, IF only we had someone, Oh I don't know, that had UNDERWRITING STANDARDS to give loans to people??? You know as ANYONE with a brain would agree??? BUT the loans that were done to meet goals, they performed 300%-400% better than the loans by the 'free markets' under Dubya's subprime crisis. Weird right? PERHAPS that's why only about 20% of loans 2004-2007 had some form of Gov't backing as opposed to nearly 60% the ten years leading up to it? lol