In the mad scramble for loan creation during the final phase of the Housing Bubble, the government
created an environment of essentially free money by allowing the
big agencies, Fannie Mae and Freddie Mac (or Phony and Fraudie, as I often affectionately refer to them), to securitize loans to the bottom of the
barrel risks with crazy terms like no money down and incredibly low «teaser» interest rates.
Featuring a ceramic
barrel that evenly distributes heat from top to bottom, you can
create stiff curls and oceanic waves, or
big, voluminous locks.