Government bail out for housing lenders?
Now that the sub-prime lend souk have gone into a nosedive and the stockholders of mortgage companies are going to lose money, do you consider that the gov't will step within and bail them out?
Answers:
Probably not. The subprime lenders don't own ample political clout to verbs it bad.
The current spin, and the truth is that the current problem is their guiltiness within the first place for making loans to unqualified individuals. They took the risk, immediately they run below, along beside anyone who invested in them.
-->Adam
Who should income?
The lenders who foolishly give mortgages to the underqualified since they be desperate to increase their sale?
Or the borrowers who foolishly took huge mortgages they couldn't possibly remuneration backbone only because the bank consent to them?
I doubt it...the problem is associates signed things they didn't have a handle on, and the lenders agree to them do it.
Can a business brand name another reimburse for the costs of have it's customers clamped on its private property?
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Answers:
Probably not. The subprime lenders don't own ample political clout to verbs it bad.
The current spin, and the truth is that the current problem is their guiltiness within the first place for making loans to unqualified individuals. They took the risk, immediately they run below, along beside anyone who invested in them.
-->Adam
Who should income?
The lenders who foolishly give mortgages to the underqualified since they be desperate to increase their sale?
Or the borrowers who foolishly took huge mortgages they couldn't possibly remuneration backbone only because the bank consent to them?
I doubt it...the problem is associates signed things they didn't have a handle on, and the lenders agree to them do it.