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Hi all,

I am an Australian doing some research for a project on the pre-Great Recession/Global Financial Crisis GFC mortgage market in the US.

I hear all the time about 'NINJA' loans, 125% LTV mortgages etc, but not much specifically at the product level.

Can anyone remember some of the more crazy mortgages out there, including the lender/bank it's came from?

Edit: Countries other than the US feel free to contribute too. (Ireland???)



Submitted February 23, 2022 at 05:39AM by salty_catfish22 https://ift.tt/KCtifD3

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