Think of it as perhaps a self-induced amnesia; a total willful disregard of a decade ago when subprime mortgages were largely responsible for the financial crisis of 2008.
New and “repackaged” risky subprime loans doubled in the 1st quarter of 2019 over the same time last year, and have reached a new high since the 2007 levels.
Birch Gold Group examines the thoughts WARNINGS of industry leaders like Realtor.com and others in their piece Rising Risky Mortgages Could Signal Imminent Financial Crisis, a piece worthy of your time.
