SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: russwinter who wrote (26030)2/9/2005 3:39:47 AM
From: croesus1111  Read Replies (1) of 110194
 
As deliquencies, defaults start to pick up, lending institutions will tighten standards and choke off marginal types (plenty), if they aren't already.

Why should they tighten standards if they're not going to hold the loans? They're just going to package the loans in bulk and sell them to the Japanese anyway, so the lending institutions don't have any plans to be left holding the bag...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext