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re: What Happen with the Sub-Prime Mortgage Crisis

Posted on 3/4/19 at 9:16 pm to
Posted by Man4others
Member since Aug 2017
2063 posts
Posted on 3/4/19 at 9:16 pm to
Bush wanted a higher GDP and everyone to have the American Dream of homeownership. Rating agencies wanted more fees. Barney Frank wanted every underprivileged person to be able to buy a home. Bankers wanted bigger bonuses. Mortgage lenders wanted bigger commission. Home buyers wanted to get rich quick flipping homes. Lots of blame to go around.
Posted by mauser
Orange Beach
Member since Nov 2008
21725 posts
Posted on 3/5/19 at 9:44 am to
Right, Bush too. I remember the dunce saying the economies strong, home building is up, that means carpenters are working.
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