I had begun to worry about the housing MARKET back in 2003, when lenders first resurrected interest-only mortgages, loosening their credit STANDARDS to generate a greater volume of LOANS. Throughout 2004, I had watched as these mortgages were offered to more and more subprime borrowers - those with the weakest credit.

Author - Michael Burry


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Posted on 26 Nov 2024, this text provides information on Loans related to Michael Burry. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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