LOL, yep, fueled by stopping the artificial no-interest
Posted on: May 1, 2023 at 14:38:45 CT
Mormad MU
Posts:
56694
Member For:
18.71 yrs
Level:
User
M.O.B. Votes:
0
environment. First Republic's problems started 40 years ago with philosophy of allowing folks to make jumbo loans that were interest only. Got worse during the free-credit period and came to roost with interest rate increases.