Isn't this sort of thing why the 2000s housing bubble happened? Banks giving loans to people they knew could never afford it.
Isn't this sort of thing why the 2000s housing bubble happened? Banks giving loans to people they knew could never afford it.
Yup. Ninja loans ... No Income No Job or Assets.
The the bank was sausage making collateralized mortgage obligations, AA rated with these toxic loans mixed in.
There was a hilarious English video on this back around 2008 ... enjoy!
Yup. Ninja loans ... **N**o **I**ncome **N**o **J**ob or **A**ssets.
The the bank was sausage making collateralized mortgage obligations, AA rated with these toxic loans mixed in.
There was a hilarious English video on this back around 2008 ... enjoy!
>Https://m.youtube.com/watch?v=mzJmTCYmo9g&t=15
Shhhhhhhhhhh goy! Stop noticing this is low key legit differenttahhhhhh!
Shhhhhhhhhhh goy! Stop noticing this is low key legit differenttahhhhhh!
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