/biz/ - Business & Finance

Anonymous Fri Mar 22 19:40:26 2019 No.13094268 [View]
File: 164 KB, 820x510, 43i34.jpg [View same] [iqdb] [saucenao] [google]

they bought their houses in an era where risk was more honestly priced, at local banks who managed portfolios of loans, and then to more complicated loan syndicates that were more centralized but still privately owned and managed based on risk. they didn't have a mortgage servicing monopoly that defaulted and was quietly nationalized under the guise of bankruptcy only to become one of the top 25 in the fortune 500

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/biz/ - Business & Finance

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