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Wouldn't buyers seeking out unstable lenders discourage stable lenders? Because buyers would prefer their competitors?
by ALittleLight 4y ago
Wouldn't buyers seeking out unstable lenders discourage stable lenders? Because buyers would prefer their competitors?
- marricks 4y agoIf the unstable lenders folded and the mortgage holders could buy out their loans on the cheap, no? Then the shareholders of the lending company wouldn't be rich-people-broke-where-someone-buys-them-out-and-somehow-they're-all-still-rich they'd be actual-broke-where-they-lost-all-their-money-on-a-stupid-venture.