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Some one got adjusted out of their house? Or adjusted THEMSELVES out of their house? A shark sold someone a mortgage loan they can’t afford? Who borrows tens of thousands of dollars without a lawyer to review things, especially when they know what they don’t know?

Now don’t get me wrong. There were plenty of crooks in the housing bubble on Wall Street and in the mortgage brokering business. They should all be in jail. On the other hand, there were loads of people who knowingly took out liar loans and they should be in jail too. You never hear that though. Every borrower was a victim. Not true. It took two to tango. Three in this case - greedy Wall Street bankers, deceptive and dishonest brokers and lying or stupid borrowers.

None should be let off the hook and none should be pitied.

Feb 6, 2021
at
9:55 PM

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