Originally Posted by
BJ1
Nothing like scaremongering to reduce credibility. Just like NZ economists predicting up to 15% falls in house prices. Where is the data to support the figures thrown out there. Not saying they may not eventuate but will it become a self fulfilling prophecy, or are the guesses just pie in the sky? We can expect problems to be quite large but quantifying them is foolhardy, if not downright sabotage. On the P2P proposal though, I think we can safely determine that Harmoney has decided to minimise it's risk: I have "suddenly" stopped losing any of my loans to full repayment / refinance.