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Originally Posted by stocktrader23
What does your mortgage have to do with all of the corruption and illegal practices they were using on other loans? It was dirty through and through and that fact is not even contested at this point. Are we back in 2007 or something?
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I'm sure the banks were doing something illegal. Like I said earlier, "business as usual".
But we keep blaming the banks when the truth of us all of us benefited from this. No one - NO ONE - went on the news networks and said "This is based on perceived value of the housing market, and it's going to crash, and it's going to crash hard". Everyone knows that real estate goes in cycles, but not one person stood up and said that we needed to stop it.
And still no one has done anything to stop this from happening again?