Think Freely Media presents Common Sense with Paul Jacob

Blaming “greedy lenders” or even foolish borrowers begs the question. What institutional factors gave rise to all the foolish lending and borrowing in the first place? Why did the banks have so much money available to lend in the mortgage market — so much indeed that they could throw it even at applicants who lacked jobs, income, down payment money, and good credit?

By: Redactor

Leave a Reply

Your email address will not be published. Required fields are marked *

© 2017 Common Sense with Paul Jacob, All Rights Reserved. Back to top