Ghostalmedia@lemmy.world to News@lemmy.worldEnglish · 5 months agoA shady financial tool from the housing-bubble era is making a comeback | CNN Businesswww.cnn.comexternal-linkmessage-square17fedilinkarrow-up170arrow-down12
arrow-up168arrow-down1external-linkA shady financial tool from the housing-bubble era is making a comeback | CNN Businesswww.cnn.comGhostalmedia@lemmy.world to News@lemmy.worldEnglish · 5 months agomessage-square17fedilink
minus-squareSeaJ@lemm.eelinkfedilinkarrow-up4·5 months agoThe shady financial tool was NINA loans. Banks were giving out money to people with zero evidence that they could pay it back.
The shady financial tool was NINA loans. Banks were giving out money to people with zero evidence that they could pay it back.