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They were giving mortgages to people they knew couldn't afford them in 08. I have not seen any evidence of that here.


I think the implication here is if you lose your job and can’t find it for a while you suddenly can’t afford your mortgage either


The job market is still historically EXTREMELY strong. We would need unemployment to hit over 5-6% before mortgages became an issue.


If you mean dentists, lawyers, and doctors. Yeah, they were giving too many prime borrowers with great credit scores way more debt than they could sufficiently manage.




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