01-27-2012, 10:52 PM | #11 |
AMA Supersport
Join Date: Feb 2009
Posts: 4,756
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There seems to have been a bit of that, but they were giving out "stated income" (tell the lender your income, no documentation required) loans for over 100% of the purchase price of a house to anyone and everyone. That is stupidity, not government intervention.
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