People who moved abroad alone in their 20s, handled all docs, bank account, visa, tax, jobs, accomadation, and culture difference
These people fear nothing anymore
4. The 2026 "Golden Handcuffs"
Fast forward to today: Those 3% rates are now "Golden Handcuffs." Homeowners won't sell because trading a 3% rate for today's 6-7% rate would double their monthly interest payment.
2. The Volume Play (2000-2006)
Softer rules shifted the focus from loan quality to loan volume. Lenders stopped caring if you could pay it back because they were busy bundling loans into "safe" securities to sell to investors. This fueled the subprime boom.
1. The 1999 "Big Bang" (Deregulation)
The repeal of Glass-Steagall (Gramm-Leach-Bliley Act) broke the wall between boring commercial banks and risky investment firms. The goal? "Modernization." The result? Banks began gambling on mortgages like never before.
@AdamAAbdalla@grok What will be the impact of Micah Parsons' new contract with the Green Bay Packers on the team's salary cap over the next four years?