The loan at the heart of a new foreclosure crisis
Planet Money
- Published
- September 11, 2026
- Duration
- 29:09
- Summary source
- description
- Last updated
- Oct 21, 2026
Discusses There is a new type of loan that is sweeping through the country right now. It’s advertised as a sup…
Summary
There is a new type of loan that is sweeping through the country right now. It’s advertised as a super quick and super easy way to get a mortgage to buy a home. In recent years, Wall Street has been funneling billions of dollars into these loans. But these loans are also raising questions. Are they a financial innovation that’s helping the housing market?…
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Show notes
There is a new type of loan that is sweeping through the country right now. It’s advertised as a super quick and super easy way to get a mortgage to buy a home. In recent years, Wall Street has been funneling billions of dollars into these loans. But these loans are also raising questions. Are they a financial innovation that’s helping the housing market? Or ... a sign that Wall Street might be forgetting the mistakes that led to the Global Financial Crisis? On today’s show, we head to Baltimore