Subprime lending: Is history destined to repeat itself

Aug 21, 2019 | Jeremy Goldfarb


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We are almost 10 full years removed from the "financial crisis" in the US or "The Great Recession" . For those who remember events from Lehman's collapse, meteoric stock market drops, and credit completely drying up, this article may make you shiver a little bit.

 

Rebranded sub-prime lending is popping up again. According to an article here in the WSJ, these loans are now being categorized as "Unconventional Loans". A quick google search here and look at the results. It makes you think about repackaged securities that are being purchased on the back end of these financed deals, and how the market could emerge again.

 

Lenders.....know what you own. Investors, know what what you hold.