Folks are naive who believe this is just a SUB PRIME market issue, its not. Originators are having trouble finding buyers for A paper... Jumbo lenders are pulling out of the market.... This is far bigger than just SUB PRIME... and those that think its just SUB PRIME are fools.
The real fools are the doomsayers who have no information to back up their “sky is falling” claims. We’re doomed! We’re doomed! Oops forgot CAPS ON. Fools! Fools! Oops, shorts! shorts!