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Because it was suddenly ok for blood sucking lenders to give money to people that clearly weren't qualified to be home owners.
Thank Clinton for that! but even still, if someone can convince you to spend more than you know you can afford, sorry bout ur luck! Think for urself! (Not you.. you know what I mean)
Thank Clinton for that! but even still, if someone can convince you to spend more than you know you can afford, sorry bout ur luck! Think for urself! (Not you.. you know what I mean)
Someone should tell the losers that are crying about losing thousands on IWDM.
Thank Clinton for that! but even still, if someone can convince you to spend more than you know you can afford, sorry bout ur luck! Think for urself! (Not you.. you know what I mean)
Problem is, most of those loans were ARMs and could be afforded at first, but over time they weren't able to keep up with the payments.
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