VERIFIED QUOTE · reported 2026-10-15
“A lot of the folks that had those subprime mortgages didn't understand what they were getting,”
Sheila Bair · said date not stated · reported 2026-10-15
Bair said many subprime mortgage borrowers before the 2008 crisis did not understand what they were getting into.
This quote was mechanically extracted from the cited article and verified as an exact substring of the source text before publication. Attribution follows the article's own wording.