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The Default Cycle Is Coming With Melody Wright

Lead-Lag Live

00:00

Is There Risky Lending in Your Traditional Market?

In 2006, credit scores didn't look as bad as they did in 2008. We were sitting there thinking this was all going to correct. No one really understood systemically what had happened. And so I feel like what people, again, it's recency bias, and they're looking at current credit quality. But what happens in these markets is that loan to value dictates your credit.

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