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#11
posted to rec.boats
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JimH wrote:
"D.Duck" wrote in message ... "HK" wrote in message ... 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. |