Quote:
Originally Posted by Superman
There may be some difference between the feedback you were hoping for and what you got, legion, but don't interpret your confusion with ignorance on Steve's part. Indeed, we liberals get a nice kick out of the very frequent irony on the Board. You conservatives complain about how much you detest gubmit while with the same breath descriving the new services you want the gubmit to do. Immigration is one of the newest examples.
If you're suggesting that borrowers are at least partially to blame (or wholly for that matter), then you'd get agreement from almost everyone. Including me. But if you're not noticing that the financial greed of corporations is a big part of the financial problems consumers have.......then you're not paying attention.
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Supe, you will hear no disagreement from me on this matter.
Read my very first post on my Real Estate thread. It was about loan officers doctoring loan applications without the applicants knowledge to keep their numbers up. That behavior is criminal IMO. The lenders themselves loosened their standards to the point that nearly anyone could get a loan. They will be ultimately punished when their loan portfolios aren't worth the paper they are printed on. I expect many lenders to go belly-up.