Comments on: What Do Sub-Prime Borrowers Look Like? http://www.thedeets.com/2009/02/24/what-do-sub-prime-borrowers-look-like/ Consistently against torture. Thu, 09 Feb 2012 21:36:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Ken Montville - The MD Suburbs of DC http://www.thedeets.com/2009/02/24/what-do-sub-prime-borrowers-look-like/#comment-9151 Ken Montville - The MD Suburbs of DC Wed, 25 Feb 2009 12:57:14 +0000 http://www.thedeets.com/?p=3112#comment-9151 I saw this video as well and posted it on my Blog, too. (great minds think alike) While I agree that the representation of the subprime borrower (weight, # of kids, smoking, no pet) is not directly correlated to irresponsible financial behavior it is iconic of irresponsible social behavior. Irresponsible social behavior can be a good indicator of irresponsible financial behavior. The graphical representation may not be technically spot on in a politically correct sort of way but it does get the point across that the prime borrower and the subprime borrower are different. This reminds me of the line in the second Addams Family movie where Wednesday says she's dressed up as a serial killer for Halloween: "They look just like eveyone else, you know." (paraphrased). I saw this video as well and posted it on my Blog, too. (great minds think alike) While I agree that the representation of the subprime borrower (weight, # of kids, smoking, no pet) is not directly correlated to irresponsible financial behavior it is iconic of irresponsible social behavior. Irresponsible social behavior can be a good indicator of irresponsible financial behavior.

The graphical representation may not be technically spot on in a politically correct sort of way but it does get the point across that the prime borrower and the subprime borrower are different.

This reminds me of the line in the second Addams Family movie where Wednesday says she’s dressed up as a serial killer for Halloween: “They look just like eveyone else, you know.” (paraphrased).

]]> By: Minneapolis Realtor http://www.thedeets.com/2009/02/24/what-do-sub-prime-borrowers-look-like/#comment-9130 Minneapolis Realtor Wed, 25 Feb 2009 03:20:40 +0000 http://www.thedeets.com/?p=3112#comment-9130 The best news coverage I have seen/heard about how we got into this mess was on This American Life on NPR. Even for someone like me who is in the real estate business I didn't understand how deep the rabbit hole went. It might be available for download on the NPR site. The best news coverage I have seen/heard about how we got into this mess was on This American Life on NPR. Even for someone like me who is in the real estate business I didn’t understand how deep the rabbit hole went. It might be available for download on the NPR site.

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