Speaking of documents and records were most mortgages, which almost destroyed our economy?

Alt-A loans. These loans require little or now check records of income or even if you have a job hatten.Wall dreaming Genie Street types and built many homes in Arizona, with the “No Doc” loans purchased as they were called. These counterfeit credit allowed the housing boom in Arizona, the mass numbers of Mexicans, they are building on the erforderlich.Nun dear all these documents Doc Arizonian request from the same people who cross the border to their homes with no loan documents, isolation Its economy has collapsed building closed. Now they are angry against the people who built their houses?

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