Before the House Committee on Oversight and Government Reform on October 23, 2008, while the crisis was happening in
real time, Greenspan was
forced to admit he was wrong: «Those of us who have looked to the self - interest of
lending institutions to protect shareholders» equity, myself included, are in a state of shocked disbelief.»
- Mobile home owners living in mobile home parks, on leased land or in other instances where the mobile home is not attached to
real property, are
forced to look to the internet for
lending sources, as most local banks, credit unions and mortgage brokers normally do not finance or refinance mobile homes by themselves.