More than 10,000 potential borrowers line up for zero-down-payment, subprime mortgages.

Just a reminder, when Nancy Pelosi talks about deregulation she's not talking about this! In a free market in housing lending: no one would make loans like this. No one. The free market regulates risk much better than the so called "mixed economy". In a free market in housing , you'd have to put 50% down and pay the mortgage off in 7 years ... like before the New Deal. You'll want to watch this video understand what happens with you don't have a free market in housing.

More than 10,000 potential borrowers line up for zero-down-payment, subprime mortgages. https://t.co/UrrZASC4p1

— CNBC (@CNBC) October 21, 2018