Value Microcaps Free-For-All

[Donshub2]

Len, could the whole sub prime thing been avoided if the banks let people extend their mortgages another five years or so to make up the difference of higher rates? It wouldn't have been pretty but atleast banks would be bringing in money, right? Most of those loans would have been gone between five and ten years when the homeowners sold their homes. I know home prices were getting way out of control but, if banks stopped the crazy loan process along with the extensions I believe we could have recovered from this in a few years.