The single family home market is flying off a cliff. Again.
MONEY IS LOOSER THAN EVER
The companies then bought more homes with the cash, and repeated the process until they ran out of defunct neighborhoods to buy.
WALL STREET IS MORE CROOKED THAN EVER
|A product description from the website of JMAC Lending as of 6/2022.
No job required, scant credit, no income. They basically finance the house despite borrower