Jeff Guo
speaker
1,187 appearances
10 recordings
1 series
first heard Dec 2025
last heard 11 Sep
Jeff Guo’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 10 in all, peaking in Dec 2025 with 3.
Appearances
But a lot of those row homes are not in good shape.
The brick is crumbling, the windows are boarded up.
But just in the past couple of years, that picture has been changing.
Halley says suddenly there was a lot more money available to the people who wanted to buy and rehab these homes.
Her sources told her a major reason for all this money was this amazing new type of loan coming from Wall Street.
Hallie had actually been looking into this story that day when Jack told her about these two investors that came out of nowhere and suddenly built this huge portfolio of homes.
Those hundred million dollars they had borrowed and now apparently couldn't pay back, they had gotten that money through this new kind of loan.
It's called a debt service coverage ratio loan, a DS.
A DSCR loan is a type of mortgage, but it's not your traditional kind of mortgage.
It's a commercial loan.
It's designed for people who want to be landlords, who want to buy a home specifically to rent it out.
And unlike a traditional mortgage, a DSCR loan has this very unusual feature.
In fact, when Jack first googled it, he came across tons and tons of people talking about it.
verification.
You don't have to
To get a DSCR loan, you don't need a job.
You don't need to prove any income at all.
And when Jack and Hallie first heard about these no-income loans that were sweeping through Baltimore, they were like, how is this even possible?
And yeah, here at Planet Money, we all had the same reaction.
Because remember the global financial crisis?
Showing 41–60 of 1,187 · page 3 of 60
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