Big banks have found a new way to stay in the subprime lending business

Discussion in 'Wall St. News' started by Error Correction Funder, Apr 10, 2018.

  1. Hey, why not.

    Find a way to keep issuing sub-prime loans.... above market rates + origination fees.

    Then, when it all goes tits-up, tax-payer bails you out.

    'Merica. What a country!