The Federal Housing Administration is being criticized for underwriting subprime loans, which critics say could lead to another wave of loan failures. Senior Editor Paddy Hirsch explains subprime lending and its inherent risks.
@mooeythemooseman No they do it because there was more money to be made in the sub prime. You don't understand the comment. They FALSELY I repeat FALSELY that means people who ARE NOT risky into the sub prime. You're saying a person skin color or ethnic groups trumps everything regardless of the objective numbers you see in front of you! Simply put that utterly stupid.
@Panpiper You sir are correct! We can go all the way back to the Fed on this one. What is going to happen is the Fed will have to raise the interest rates at some point soon. BUST!
@21580anwar I like steak. Hahahaha
lalem91 2 months ago in playlist More videos from marketplacevideos
I like his analogy of steak...
21580anwar 5 months ago
@mooeythemooseman No they do it because there was more money to be made in the sub prime. You don't understand the comment. They FALSELY I repeat FALSELY that means people who ARE NOT risky into the sub prime. You're saying a person skin color or ethnic groups trumps everything regardless of the objective numbers you see in front of you! Simply put that utterly stupid.
cosmosgato 6 months ago
@cosmosgato z
There is a reason they do this.
Spoiler:Minorities carry more risk
Fair or not, the market, when not having all the additional information needed about a individual. Will go off stereotypes.
mooeythemooseman 6 months ago
haha, man you need alot of drinks!
Good work.
KennedyCorey 8 months ago
Amazing!!!! After watching his videos I fall in love with finance. THANK YOU for making it crystal clear!!!!!!
msbuvaylo 9 months ago
Simple and clear. well done
really289 1 year ago
@Panpiper
you nailed it
joshmccraney720 1 year ago
Awesome!
dietrichian 2 years ago
@Panpiper You sir are correct! We can go all the way back to the Fed on this one. What is going to happen is the Fed will have to raise the interest rates at some point soon. BUST!
whittvet 2 years ago