Alt-A vs. Subprime
For those following the credit crisis, this video may be of interest. In particular, I was surprised at the percentage of loans that were simply for the purpose of pulling cash out.
Commentary from a pro-reason, pro-egoism, pro-capitalism perspective
For those following the credit crisis, this video may be of interest. In particular, I was surprised at the percentage of loans that were simply for the purpose of pulling cash out.
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