The Intercept

@theintercept ↗

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Last Checked July 17, 2022

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Tue Apr 20 19:55:16 +0000 2021

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The Intercept @theintercept

Loan companies, often without informing the borrowers themselves, would claim that a bartender was making $500,000 a year, allowing them to borrow enough money to buy a home that they couldn’t possibly afford. https://t.co/NnNfGDfOgm — PolitiTweet.org

Posted April 20, 2021 Hibernated

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The Intercept @theintercept

The story of the housing bubble of the 2000s, and plausibly Wall Street’s actions today, is simple: It’s counterfeiting. — PolitiTweet.org

Posted April 20, 2021 Hibernated

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The Intercept @theintercept

Now it may be happening again — this time not with residential mortgage-backed securities, based on loans for homes, but commercial mortgage-backed securities, or CMBS, based on loans for businesses. — PolitiTweet.org

Posted April 20, 2021 Hibernated