“Too-easy credit and millions of bad loans made during the U.S. housing bubble paved the way for the financial calamity and Great Recession that followed. Today, by contrast, credit is too tight. Mortgage loans are particularly hard to get, creating a problem for the housing market and the broader economy.” WayMadeHardProblemTodayEasyMillionsEconomyCreatingFinancialCreditBubblesContrastHousingLoanCalamityMortgageRecessionsGreat RecessionHousing MarketHousing Bubble Author:Mark Zandi
“What you lend is lost; when you ask for it back, you may find a friend made an enemy by your kindness. If you begin to press him further, you have the choice of two things - either to lose your loan or lose your friend.” IfsMayMadeTwoChoicesAsksLostLosesLossEnemyKindnessPressesTwo ThingsLoan Author:Plautus