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[–] 7 pts

How soon they forget. Wasn’t that the cause of the real estate collapse in 2008?

[–] 1 pt

It was the first domino anyway. The leverage on top was the real damage

[–] 0 pt

No, it was ARMs with no payments for 6 months and the incessant push by media to buy a house now or you'll never be able to afford one. My boss was telling me at the time I needed to buy a condo even though he knew I couldn't afford it. A condo where I lived at the time was $500,000 and it wasn't very nice - its one of the earliest examples of a pod in the area.

[–] 0 pt

Also divorces. Spouse wins the house in the divorce and can't pay the mortgage because there aren't two incomes anymore.

[–] 0 pt

I don't think that was as big of a factor because I doubt the spouse wasn't able to keep the house after the divorce was finalized and they got the lawyer's bill.

[–] 4 pts

Fuckin niggers and their god damn preferential treatment.

[–] 5 pts

Read the terms. They are required to prove that they pay their rent on time, along with utilities, cell phone and car insurance. This won't help them at all.

[–] 2 pts

This is exactly what it's suppose to do; piss YT off. niggers rarely (and humans too) appreciate what they didn't earn. If they gave you an 850 credit score, the first thing someone does is go charge some shit they can't afford. default on the payments are back in the early 500s. Jews are scum but they are crafty. it will take about 1.5 years for this to play out. be patient !!

[–] 2 pts

Oh good. Sub-prime mortgages. That worked out so well the last time.

[–] 0 pt

0% down isn't the same as subprime. I am jealous of the no PMI.

[–] 1 pt

0% down isn't the same as subprime. I am jealous of the no PMI.

Any 0% down mortgage to members of the "minority" community is almost the very definition of sub-prime.

[–] 2 pts

This is limited to a few neighborhoods in a couple of cities where everyone is fucking dirt poor and has shitty credit. These are homes no one else wants either. The bank will drop less than a hundred mil on the program, but gain social credit from woke democraps that'll look the other way as they launder billions somewhere else.

[–] [deleted] 2 pts

It’s almost as if this “redlining” they’re always talking about is actually just good financial due diligence.

Money doesn’t lie. Niggers are historically a bad investment.

[–] 2 pts

...so if niggers don't pay their bills, they won't get approved for a mortgage, right? RIGHT? We're talking about subhumans who have such shitty credit that they have sail foam and cable accounts in their toddlers' names.

This is a cynical investment for the sake of rebuilding their image, as was previously mentioned. I look forward to the program failing spectacularly, but it won't be BoA's fault.

[–] [deleted] 2 pts

I've worked with niggers in the past, and the amount of praise they want for the most basic crap in the world is insane. I knew one who could BARELY pay his bills on time, and we're talking bills that were set up years prior, and he STILL had issues paying them on time. It was mind boggling just how irresponsible this nigger was

[–] 1 pt

NINJA loan... No Income No Job and no Assets. This is what created the crash in 2008.

Oh by the way, if you're a little wigger that's singing along with nigger monkey music and feel squeamish about saying nigger while you listen to nigger filth, it is recommended that you replace it with the word ninja.

[–] 1 pt

And this is another point on the map of why )))Abbott((( is sending spics across the country. Now with the tens-of-thousands of dollars they receive per year from Whites' paychecks they can move into White neighborhoods even easier.

[–] 1 pt

didnt we already do this one with the no verification loans? the wealth extraction is nearly complete. i've been hearing that giant sucking sound for years now. do we hang these guys or what?

[–] 0 pt

Just wait til you realize jews never paid interst to jewish banks, which is all of them

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