3 ms·
Not to be too cynical, but I seriously doubt that the individual borrowers will be bailed out. The government will instead provide liquidity to the servicing co
by lazulicurio 8y ago
Not to be too cynical, but I seriously doubt that the individual borrowers will be bailed out. The government will instead provide liquidity to the servicing companies so they can repackage and resell the loans. Nobody really cares about the borrowers; it's all about keeping the companies in business.