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re: Mortgage Backed Securities go “no-bid”

Posted on 6/13/22 at 7:17 pm to
Posted by Taxing Authority
Houston
Member since Feb 2010
63262 posts
Posted on 6/13/22 at 7:17 pm to
quote:

FHA loans are all insured to 70% LTV at time of purchase
Bubbles make a 30% drop in value entirely possible.
Posted by TDFreak
Coast to Coast - L.A. to Chicago
Member since Dec 2009
9254 posts
Posted on 6/13/22 at 7:37 pm to
Why do we continue to allow such reckless behavior by banks, hedge funds, etc.?

The taxpayer is always screwed why these executives are ALWAYS made whole.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11958 posts
Posted on 6/13/22 at 7:39 pm to
quote:

Why do we continue to allow such reckless behavior by banks, hedge funds, etc.?



Do you even Basel III bro?
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