3 ms·
Title is definitely a bit overblown, while it sounds like there's a definite problem with the incentive structure that incentives people to sell loans that borr
by haney 10y ago
Title is definitely a bit overblown, while it sounds like there's a definite problem with the incentive structure that incentives people to sell loans that borrowers can't afford, 22B isn't close to the size of housing bonds during '08. Further peppering the article with comments about it being the 'fastest growing category' don't take into account the fact that the absolute size isn't really that large. It sounds like someone should take a look at better regulating these loans, but the sky isn't falling.