So, a few years ago I refinanced my mortgage and Ameriquest gave me a god awful rate (others wouldn’t loan to me). Because of their predatory lending practices (which I’m sure did others in) they settled a large class action suit.

I just got settlement money in the bank. Yay, now I can afford to pay the mortgage on January 1.

Of course, all those bad mortgages are still going to kerplunk the credit market, and aid an economic slowdown if not a mild recession.