Quote:
Originally Posted by Ike Bana
Nobody forced anybody to write subprime mortgages. The mortgages brokersncouldnt write the paper fast enough. They were like a pack of hyenas at a wildebeest carcas.
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So, you are saying that the people buying the homes were too stupid to know what they were signing ?
The flip side is that the financial institutions for decades were criticized because they would not make loans to those who were financially on the edge.
Now , they get slammed because they do.
Gotta love the lefty mind.