Real Estate Lending Gets Dumber

Real estate lending seems to manage to out do themselves again when
it comes to bad lending choices!

This is not a new topic, but these tidbits are sure new! Two more
interesting and less than great lending options have been added
to the world of real estate lending. Of course,
we just have to add these to the ever growing pile of bad things.
The industry has to learn that the problem is not lending - it is
inventory. Todays Links:



http://www.zerohedge.com/news/2017-09-21/are-these-two-companies-proof-housing-bubble-back

https://www.loftium.com/


https://qz.com/1081598/startup-loftium-gives-home-down-payments-to-people-who-continually-rent-their-house-on-airbnb/



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