Backdoor Lending: The Subprime Work-Around That Could Crush Your Retirement

Original post

Authored by Pamela Yellen via Valuewalk.com,

The housing crash of 2008 is now 10 years in the rearview mirror, but the danger of another crisis lurks despite assurances to the contrary.

We’ve been told that the housing bubble and collapse was about predatory lending and high-risk borrowers who were duped into loans that they couldn’t afford. The massive regulatory response to the subprime crisis meant that banks were

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