The stress test reduction is indeed nonsense and ineffective. Why do they do that?

The stress test reduction is indeed nonsense and ineffective. Why do they do that?

Owner Asked on September 10, 2019 in Real Estate.
Add Comment
1 Answer(s)

They get so much flak on it that they want to be seen as ‘proactive”. But they will not react until the banks scream louder. Banks are losing tons of money on the safest bets and must get into tough deals to make any returns. The government will not move, if you and I scream. We are getting closer to the banks screaming. The grape vine is that the new stress test will be another half a percent lower before October.

Guru Answered on September 10, 2019.
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.