re: #332 NJDhockeyfan

I have a job offer in Nashville at a mortgage company. He said loans are not allowed for people with credit score below 580 right now. Subprime loans used to be available for scores down to 520.

That’s not due to government regulation, that’s the banks doing it on their own, though.

Unless this is a state-level thing.

Do you understand that it was not any government involvement in sub-prime loans that caused the financial meltdown, but instead the securitization of mortgages?