WTF
(citizenfreepress.com)
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This has 08 written all over it when the major banks shoved a bunch of sub prime loans in with good ones. It failed then. It'll fail again. This wreaks of desperation.
Worse. They KNOW they are done and are just trying to get one last round of suckers before the game is over.
Oh yes. There was a major rat in there.
Lawsuits will be epic on this. It's called discrimination. I remember something like this a long time ago in NY Harlem district. They were taken out to hang.
Sick.... preying on people. It's just sick. Watching people get approved then losing their homes a couple years later to a short sale. I left the business after that. It affected my sleep watching shit like that happen.
What wreaks of desperation is single fund etf’s. Those are for passing the debt from hedge funds to retail. Good old basket swaps