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So they are artificially improving the credit scores of those with a credit score that is, well, not so good. And this is supposed to help? What's that smell? Defaults? Foreclosures?

Anyone who wants to understand why this is not a good idea I highly recommend watching the movie "The Big Short." The movie is entertaining and it explains what happened in the financial crisis and the "great recession" back in 2007-2010 when the housing market crashed, many big investment firms went bankrupt and thousands and thousands (millions actually) of average Americans lost their jobs and their homes. It is actually one of my favorite movies. And it appears as though America never learned. We are headed into the same abyss but I fear it will be worse this time. Do we really want to do this again? Really, again?

Here's a clip:

The Big Short (2015) - Jared Vennett's Pitch to Front Point Partners (Jenga Blocks Scene)