I really appreciated this! The sad thing is that most bankers got away with it and did better than many others. Their greed paid off. It would have been wiser, and cheaper, to have changed terms to allow people to afford them, but they preferred to let houses be abandoned than let someone keep them up and make smaller payments.
I really appreciated this! The sad thing is that most bankers got away with it and did better than many others. Their greed paid off. It would have been wiser, and cheaper, to have changed terms to allow people to afford them, but they preferred to let houses be abandoned than let someone keep them up and make smaller payments.
This was actually very informative. TY!