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Nich Hills@nichhills.bsky.social |
Something something 2007-2008?
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Nich Hills@nichhills.bsky.social |
Something something 2007-2008?
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Carlos Yu
@carloshasanax.bsky.social
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little bit, yeah. underwriting standards dropped, due to competition with wild MLM-like mortgage originators, while investors assumed an implicit federal guarantee was in place. not the only cause, but an important early amplifier.
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