America’s Fastest-Growing Loan Category Has Eerie Echoes of Subprime Crisis

OK - The 'web' search/link isn't working for me anymore. Maybe it's time to start rethinking WSJ submissions.

Based on the first paragraph, this is the exact same article:

http://www.msn.com/en-us/money/realestate/loan-boom-echoes-s...

AMP version worked for me through the 'web' link.

For lazy desktop-browser users: http://www.wsj.com/amp/articles/americas-fastest-growing-loa...

As someone who just signed up for grid tied residential solar panels, this made me review my loan documents again.

Nothing in my documents mention PACE, or the debt-to-tax levy that ruined the old ladies' financials in the article.

The title made me think that this was going to be about subprime auto loans, which are definitely in "crisis" territory.

This whole mess (subprime auto, renovation, and home loans) comes from the increasingly rent seeking nature of Wall Street. It used to be that fortunes were both made and lost on Wall Street. Now, for large investors ("whales"), it's 3.5% or I take my money to another fund. If I don't have a consistent positive return, then it's something wrong with the fund/firm, not the natural order of things. This behavior encourages siphoning from pensions, the retirement funds of average people and "fudging the numbers" on packaged securities in order to keep up with the expected returns of the "whales".

The sad thing is, I don't see a change. We're going to keep going from crisis to crisis because banks can't say no, and the government(s) deems them too big to fail. This shit is fucked.