I was at a local bank depositing checks today and found out there is NO credit for mortgages because no one will underwrite no matter how good the credit of the borrower. It is affecting a lot of places. Got my car serviced and found out Toyota is not writing car loans right now — no underwriting here.
This is Oklahoma that it is affected with a 4% unemployment rate so tell me it is not even worse elsewhere.
Time to act and then go after the culprits who caused it.
PhiKapMom.. Forget trying to explain it to these people who don’t see the problems about to unfold.
They are intellectually bankrupt when it comes to economic issues.