Quote:
Originally Posted by 12clicks
the peons HAD to lie on their application to get a mortgage that put them in over their head.
it was the bottom's greed that hurt them.
No one living on a starbucks wage got a 500k house without lying.
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Umm, and who does the due diligence responsibility go to? You can cry "people lied" from the mountain tops until you're blue in the face and your balls freeze off; but here in the real world, the banks allowed these dirty practices to happen. Plain and simple..
What is hilarious is how you're trying to shuffle all of this on to people who lied on loan applications... and in the process you are making the banks out to be some totally incompetent group of the filthy rich who didn't know how much people were really making.