Quote:
Originally Posted by Dottore
If you're a really clever dick attorney and also lead evidence that the bank that granted the mortgage in the first place recklessly pushed that mortgage down the hapless buyers throat thereby helping to bring about the force majeure event (ie., the market collapse)...well I have heard a lot sillier arguments made in court.
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It's very popular these days to say banks "forced" subprime loans upon folks who would have qualified for Alt-A or A paper products. But I've still never heard of a case where anyone was forced to buy a house or sign a contract. And at some point, people who are old enough to sign contracts are also old enough to shop around for the best deal they can find. Why don't we go after car dealers who charged different folks different prices for the same cars? Because no one was ever forced to take such a deal!