Quote:
Originally Posted by Shaze
i'm saying if a bailout plan had to be passed i would rather want the money going directly to the taxpayers with the bad loans instead of to the financial institutions that gave the bad loans. 
a last resort thing..... |
Personally unless it was fraudulent predatory lending, fuck em.
I also seem to recall many mortgage companies (independent ones) that were gung ho about getting people into houses. They were not tied to banks and often were the ones fixing paperwork to make things look better than they were so when they shopped the paper to banks the banks were not being given the correct information. Funny how all these companies have gone poof into the night and just about forgotten about yet the banks get all the blame.