Speaking how one party can better conform to the other party's requirements is not an honest description of both perspectives.
Bad lending is better attributed to a mistaken belief that borrowers can be perfectly modeled to reduce variance. The economic crunch we're currently facing has been directly caused by cheap credit based on such assumptions which, once again, turn out to be suddenly correlated.
Bad lending is better attributed to a mistaken belief that borrowers can be perfectly modeled to reduce variance. The economic crunch we're currently facing has been directly caused by cheap credit based on such assumptions which, once again, turn out to be suddenly correlated.