JimH wrote:
"D.Duck" wrote in message
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"HK" wrote in message
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http://tinyurl.com/2cqv7t
In my mind a lot of the blame for the home mortgage crisis belongs
squarely on the shoulders of those that received the loans.
In their quest to get into a home they failed to analyze what could/would
happen when the inevitable rate changes came along.
That doesn't excuse the lenders. "There's a sucker born every minute".
At what point of the deal did the lenders put a gun to the buyers head and
force them to sign?
Minors and idiots should not be allowed to enter into contracts. I put
most of the blame for this on Congress and the lenders.