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HDThoreaun
1185 days ago
They were giving mortgages to people they knew couldn't afford them in 08. I have not seen any evidence of that here.
2 comments
dilyevsky
1185 days ago
I think the implication here is if you lose your job and can’t find it for a while you suddenly can’t afford your mortgage either
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purpleblue
1185 days ago
The job market is still historically EXTREMELY strong. We would need unemployment to hit over 5-6% before mortgages became an issue.
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yardie
1185 days ago
If you mean dentists, lawyers, and doctors. Yeah, they were giving too many prime borrowers with great credit scores way more debt than they could sufficiently manage.
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