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A comment on Risky Mortgage Bonds Are Back and Delinquencies Are Piling Up. Parent comment

Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by s3r3nity on Tuesday November 05, 2019 @05:48PM (#21457617)
Looking at the data, the best estimates peg student loans to be consolidated to ~10-12% of the US 18+ population.

Not saying it _isn't_ part of the story, but I don't think it's as big of a factor as folks might initially (or anecdotally) believe.

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Re:Risky Mortgage Bonds Are Back and Delinquencies Are Pilin... by jstewartmobile on Tuesday November 05, 2019 @05:58PM (#21457708)
that's also what they said about residential mortgage debt in 2007. never underestimate the bankers' ability to use one large batch of shitty loans to back an even bigger batch of them.
[ Parent | on HN ]