by Wolf Richter • Jun 17, 2018 • 33 Comments
As banks pull back from mortgage lending amid inflated prices and rising rates, “shadow banks” have become very aggressive.
http://wolfstreet.com/2018/06/17/next-mortgage-default-tsunami-isnt-going-to-drown-big-banks-but-shadow-banks/

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.