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Mortgage Crisis Warning from Loan Officer

Updated 2026-10-05 11:55 UTC 1 source Negative

'People in the U.S. need to wake up,' a mortgage loan officer warns, saying wealthy couples rejected due to overspending could lead to a financial crisis worse than 2008.

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MarketWatch

‘People in the U.S. need to wake up’: As a mortgage loan officer, I rejected wealthy couples due to overspending. We’re all heading for trouble.

“We’d better get real quick or we’re going to have a financial crisis that makes the Great Recession of 2008 look like a picnic.”

2026-10-05 11:40 UTC