"The Predatory Lending Fallacy"

aka what some financial journalists seem to have problems differentiating (Arnold Kling via thethinkerblog):

Consider the following problems:

1. Qualified borrowers getting bad deals.
2. Unqualified borrowers getting good deals.

(1) is predatory lending. (2) is what caused the housing bubble and crash. Getting that story straight would be a major accomplishment for the media.